Salmon price to rise in Q1
The general manager of Ventisqueros is very optimistic regarding salmon prices. He thinks that a small rise in salmon prices should be seen in Q1 2013, which will be strengthen during Q2 2013. "We can already see some signs of price increases in both the Japanese and American markets," he said.
According to the information published in the financial journal Pulso, this low-price period has significantly affected the results of the local salmon industry. Calculations made by the Association of Producers of Coho salmon and Rainbow trout show that the local industry had losses of around US$ 700 million in 2012.
These losses would have been caused by the low salmon prices seen in most markets together with the increased production costs experienced by the Chilean salmon producers due to new regulations and production standards.
