IFQ April 2023

HALIBUT

At the time of this writing, the season is a day away from opening, and RAM has an impressive backlog of transfers. Market activity continued to improve, with more recent sales of 2C, 3A, and 3B. 3A has had the most activity, with a good number of sales of blocked and unblocked. Unblocked remains available at reduced prices for all areas except 2C. The next event to influence the market will be the grounds prices when the season opens.

SABLEFISH

At the time of this writing, sablefish IFQ owners and harvesters are making final preparations for the 2023 season. Market activity has slowed after some pre-season activity in CG and SE. Availability of IFQ for sale has increased, with significant amounts of unblocked available. Demand remains relatively low due to the expectation of another soft ex-vessel prices. However, we expect early season activiy to increase as the season gets underway.