Concessions’ value will increase with a new regulation

Chile: Multiexport’s general manager Andrés Lyon believes that regardless of their timescale (indefinite or 25-years limited) concessions’ price will increase along with enactment of the General Law on Fisheries and Aquaculture (LGPA).

Christian Pérez

He added that prices will also be increased for concessions with 25-years limit because those sites will be evaluated under the corresponding legal norms, with high possibilities of renewal. “A real value differentiator is existence of a concession and its known production capacity” he said in an interview with Estrategia.

Besides, Andrés Lyon expects 2010 to be the year of lowest Atlantic salmon production, which might be only 25% of what was produced in the best years. “By the end of 2011 there would be some recovery due to sows intended to be done this year by several companies” he stated.

Regarding to the salmon price, he said that “the market is stable and the current demand has been focused on USA and Brazil, increasing referring prices for Atlantic salmon by 10% over the last weeks” he concluded.