The Ministry of Production issued a statement announcing that the capture of squid will be suspended starting July 1st for a period of 60 days. This measure is part of the government’s effort to preserve the sustainability of the marine ecosystem and ensure the long-term viability of squid resources, which are vital for both the local economy and export markets.

The announcement has generated mixed reactions among processing plants and exporters. Some plants have adopted a wait and see approach, monitoring how the situation develops before making any operational decisions. These companies are assessing their inventories and considering alternative strategies to maintain supply without violating the new regulation.

On the other hand, several companies continue selling product as usual, fulfilling existing commitments and honoring contracts signed prior to the announcement. These firms are leveraging their stock and cold storage capacity to meet demand during the fishing ban, although there are concerns about potential shortages or price increases in the coming weeks if demand remains strong.

The Ministry of Production (PRODUCE) has reduced the catch allowed for vessels, which reduces truck load capacity by 60%.

Likewise, only vessels and trucks that comply with these new regulations will be issued the approval documentation to sell to the factories. 

The exports will not be permitted to plants that do not comply with the approved documents, and that large fines will be applied to plants and vessels that do not comply with the new regulations.

It is estimated that the price of raw materials will begin to rise in the coming days because there will be less catch.

Fishermen are throwing squid back into the garbage or trash because they do not have the proper documents for their sale.

The raw material price decreased until S/. 3.00. In the next days according with the main necks exporters

Raw material price is US$ 0.82  at the plant door.

The catch level is increasing constantly, there is a range between 200 tons until 300 tons entering to the big factories.

It's seems that price will rise again because of fishermans's associations that are holding meeting to force again stop catching to rise price until that is favorable to them.

The raw material price decreased until S/. 5.50 in the north zone of Peru. In the next days according with the main necks exporters it will keep stable.

Raw material price is US$ 1.50 at the beach. 

The catch level remains constantly and increasing, there is a range between 150 tons until 220 tons according to the main necks exporters.

The raw material price increased a bit until S/. 5.50. In the next days according with the main necks exporters it will remain stable. 

Raw material price is US$ 1.58  on the beach. 

The catch level remains constantly, there is a range between 90 tons until 150 tons according to the main necks exporters.

The raw material price decreased until S/. 5 in the north zone of Peru. In the next days according with the main necks exporters it will keep remain. 

Raw material price is US$ 1.35 on the beach. 

The catch level remains constantly, there is a range between 80 tons until 150 tons according to the main necks exporters.

The raw material price increased until S/. 9.5 in the north zone of Peru and it's estimed that it will be keep the same tendence of increasing.

Raw material price is US$ 2.56 on the beach. 

The catch level remain unstable, there is a range between 80 tons until 100 tons to the main necks exporters.

The raw material price increased until S/. 9 in the north zone of Peru and it's estimed that it will be keep increasing in the next days according with the main necks exporters. 

Raw material price is US$ 2.45 on the beach. 

The catch level is unstable, there is a range between 70 tons until 110 tons to the main necks exporters.

The raw material price increased until S/. 8.50 and it's estimed that it will be keep increasing in the next days according with the main necks exporters. 

Raw material price is US$ 2.32 on the beach. 

The catch level decreased from 120 catch tons until 80 catch tons in average to the main exporters.