Pacific halibut catches 17% and halibut prices have increased

According to The China Aquatic Channel, According to Intrafish on May 4, pacific halibut fishermen have completed 17 percent of the total allowable fishing quotas in the 43 days since the start of the march 11 season, compared with 21 percent in the same period last year. As of April 23, fishermen have received 19.3 million pounds of halibut this year, and as of April 20, 2B has caught 6.3 million pounds of flounder.

Strong market demand and low catches have led to an increase in the price of Halibut in the Pacific, and industry observers believe that if the catch is stable, its price will remain stable.

Currently, halibut sells for an average of $7 per pound, and some places sell for $7.50, and if the catch improves, its price will fall back to $6-7, while industry insiders believe that it is unlikely to fall below $7.

As the weather improves, fishermen believe that there will be better fishing performance in the coming weeks, and the increase in catch will reduce the market price of halibut to meet market needs. Fishing companies say that halibut prices have been relatively stable in the past 10 years, and it is normal to have slight fluctuations.

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