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Permit News
Dock Street Brokers
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IFQ NEWS
*Price differences reflect the range from small blocks of D or C class on the lower end to unblocked B class unless ortherwise indicated.*
HALIBUT
The ongoing global pandemic continues to result in limited sales activity. Reports from the grounds are largely positive but lower dock prices continue to result in reduced quota prices. We expect activity to stay relatively quiet until indications of market stabilization and subsequent increase in demand from end users. The latest is as follows:
AREA ESTIMATED VALUE
2C $45.00/# - $57.00/# - No activity despite reduced asking prices. 3A $35.00/# - $44.00/# - Unblocked available 3B $22.00/# - $27.00/# - Buyers looking for unblocked. 4A $10.00/# - $15.00/# - Buyers available at reduced asking prices. 4B $10.00/# - $18.00/# - Blocked and unblocked available. 4C $10.00/# - $18.00/# - No activity.
SABLEFISH
Market activity has remained quiet during the summer months. Typically sought after unblocked quota remains available in most areas. Fishing reports are cautiously optimistic but there continues to be an abundance of small fish. We are hopeful that the market will rebound quickly when the grounds prices improves. The latest is as follows:
AREA ESTIMATED VALUE
SE $12.00/# - $18.00/# - Limited activity despite reduced asking prices. WY $14.00/# - $18.00/# - Unblocked available, offers encouraged. CG $9.00/# - $14.00/# - Recent activity, unblocked available. WG $6.00/# - $10.00/# - Some recent sales at reduced prices. AI $1.50/# - $8.00*/# (A class) - No activity. BS $1.50/# - $8.00*/# (A class) - Recent activity, limited availability.
ALASKA PERMITS ESTIMATED VALUES
Power Troll $25k Area M Drift $190k Area M Seine $170k Area M Setnet $55k Bristol Bay Drift $155k Bristol Bay Setnet $63k Cook Inlet Drift $26k Kodiak Seine $36k PWS Drift $140k PWS Seine $140k SE Dungeness (75 - 300 pot) Variable - Sellers wanted Southeast Drift $70k Southeast Herring Seine $100k Southeast Salmon Seine $175k SE Chatham Black Cod $420k - Permit available
WEST COAST PERMITS ESTIMATED VALUES
California Crab Variable - Call for info Sales activity remains limited. Recent sales have occured at reduced prices. We expect that trend to continue until market conditions become clearer. Permit values remain difficult to determine due to the limited number of sales. The latest is as follows: - 175 pot: $30k - $50k range - 250 pot: $45k - $60k less than 40’. $50k - $100k for 40’ - 60’ + - 300 - 350 pot: $70k - $150k, low availability - 400 - 450 pot: $100k - $280k, value dependent upon length - 500 pot: $250k - $450k+, highest value in 58’ and above CA Deeper Nearshore $33k CA Halibut Trawl $70k - $100k California Squid Variable - call for info CA Squid Light/Brail Variable - call for info Oregon Pink Shrimp $60k - $75k Oregon Crab Variable - call for info Some demand for 500 pot permits over 58’ - 200 pot: $45k - $65k - 300 pot: $110k - $200k - 500 pot: $200k - $300k for <50’ & $6k - $7k per foot for >50’ Puget Sound Crab $135k Puget Soun Drift Drift $12k Puget Sound Seine $100k Washington Crab Variable - call for info Recent listings at reduced prices, offers encouraged - 300 pot: $90k - $160k depending on length - 500 pot: $300k - $400k depeneding on length Washington Pink Shrimp $70k - Leases available Washington Troll $21k Longline - Unendorsed $110k - $130k - Cash buyers looking, sellers wanted. Leases available. Longline - Sablefish Endorsed Variable -Tier 2 and 3 permits available, prices reduced A-Trawl Variable - Call for info
