| Latest Forum Topics / China Fishery Last:0.076 -- |
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Tianjin Zhongxin - pneumonia drug play?
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stockpicker
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07-Apr-2014 17:32
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Take note that there was no trade after 25 March.. so the price remains as 3.12.  the  6% rise in price was for 25 March |
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stockpicker
Master |
07-Apr-2014 17:23
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CIFHY is a ADR traded in US stock market for those US guy who does not have access to Singapore shares.  ADR usually follows its trend in mother share.  In this case,  the ADR price was much worse than mother share B0Z.SI for the past months as can be seen from this Yahoo comparison.    It is also very lightly traded.
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SLPY69
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07-Apr-2014 09:34
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Take it EZ, season is starting 23 April, we are days away from the quota announcement. Relax ... you can smell it in the air. Fishing has to be patience ..... Time to ACCUMULATE and HOLD. Relax .... it is coming .... recently consensus BUY. PATIENCE |
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EZ3626
Veteran |
07-Apr-2014 08:31
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Interesting the first season of anchovy and white anchovy fisheries from 23 April and second season of last year 2013 reported good catch.Patience and await more reports as the season is starting early this time. 
" Because of this, results for next year won& rsquo t be worse than 2013, as only with the second season of this year we have already caught 2.3m metric tons, which represents 85% of total catches considered in our 2013 financial results," Briceno said. |
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EZ3626
Veteran |
07-Apr-2014 08:26
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Interesting the first season of anchovy and white anchovy fisheries from 23 April and second season of last year 2103 reported good catch.&ldquo Because of this, results for next year won&rsquo t be worse than 2013, as only with the second season of this year we have already caught 2.3m metric tons, which represents 85% of total catches considered in our 2013 financial results,&rdquo Briceno said.Exalmar CFO expects higher anchovy quota to boost sales in 2014 
November 27, 2013, 8:00 am
Pesquera Exalmar, Peru&rsquo s third largest fishmeal producer in terms of volume, expects a considerable improvement in its financial results in 2014 as higher anchovy catches will boost sales, said the company&rsquo s CFO  Raul Briceno. This should be a welcome relief following the results of 2013 &mdash the year is proving to be Exalmar&rsquo s worst year since 1998, said the company&rsquo s CEO,  Rossana Ortiz. Peru has two anchovy fishing seasons a year, the first usually running from May to July, and the second running from November to the end of January. Even when these seasons correspond to the same year, the second season&rsquo s catches are usually sold almost entirely in the following year. This is why Exalmar&rsquo s 2013 financial report reflects the catches of last year&rsquo s second season (when the quota was  slashed to 732,000t) and this year&rsquo s first season (quota set  at 1.9m), totaling 2.7m metric tons.
This is a number that Exalmar expects to increase substantially, to 4.8m in 2014, said Briceno. Specifically, for 2014, Exalmar will include the second season&rsquo s catches of 2013 (quota set  at 2.3m) and the first season of 2014, which is expected to have a quota of 2.5m metric tons, totaling if so 4.8m metric tons, Briceno told  Undercurrent News. &ldquo Because of this, results for next year won&rsquo t be worse than 2013, as only with the second season of this year we have already caught 2.3m metric tons, which represents 85% of total catches considered in our 2013 financial results,&rdquo Briceno said. Exalmar&rsquo s fishmeal sales by the end of September 2013 fell to 60.6t, a 41% drop year-on year, as a consequence of the dramatic decrease of anchovy quotas. Even when average prices this year ($1,675/t) were higher than last year ($1,279/t), revenues by Q3 2013 reached $101,428, a 22.7% drop when compared to the same period in 2012. After a peak of fishmeal prices at around $1,800/t in Q2, prices are expected to remain stable between $1,400-1,500 per ton, Briceno said at a conference call on Nov. 26 in Lima, Peru. &ldquo Even when these prices are not as high as before, volumes for 2014 will compensate the low prices,&rdquo Briceno said. Fishmeal industry players recently canvassed by  Undercurrent News  also said they  expected prices to remain flat  in the near future. Beside flat prices, slow demand in China &mdash Peruvian fishmeal&rsquo s main market  &ndash could represent another challenge for Exalmar. China&rsquo s fishmeal imports this year are expected to  be down by 250,000t  compared to last year, according to  Austevoll&rsquo s Q3 report. Ortiz, however, said the company has recovered the demand for the year in China as a consequence of the strong aquaculture activities in the country. &ldquo We export around 55% [fishmeal production] to China, now the market is very stable,&rdquo Ortiz said. Briceno pointed out this year had been its the worst since 1998, as Exalmar saw results collapse for the first nine months of the year &ndash   profits decreased 69.9% year-on-year to $6.4 million  &mdash after a late fishing season start and lower catch quotas, which depressed stocks and production. |
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EZ3626
Veteran |
07-Apr-2014 08:06
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The  Ministry of Production  (Produce) authorized the start of the first season of anchovy and white anchovy fisheries from 23 April.   Purse seiners. (Photo: Produce) Anchovy fishery start set in north-central area PERU  Monday, March 31, 2014,  23:40 (GMT + 9)   The  Ministry of Production  (Produce) authorized the start of the first season of anchovy and white anchovy fisheries from 23 April. The capture of these pelagic resources may be performed in the area between the northern tip of the country' s maritime domain and 16° 00' south latitude. The beginning of the season was set taking into account the latest scientific report on the current environmental conditions and the anchovy resource, developed by  Instituto del Mar del Peru  (Imarpe). In that document, Institute researchers suggest that sea temperatures in areas near the coast are kept slightly cool for the time, but they tend to be warmer in the sea inside. Besides, Imarpe explained that Kelvin wave in progress will raise temperatures and cause positive anomalies along the coast from April, causing the move of the sea living resources, mainly the anchovy. The wave will influence the duration of these anomalies and El Niñ o event on the Peruvian coast will largely depend on the behaviour of the easterly wind system. Therefore, the Imarpe and the National Study of El Niñ o Event (ENFEN) are stepping up observation of the main indicators of this event, reports the agency  Andina. The Institute report notes that between October 2013 and March 2014, 27,000 tonnes of anchovy were caught, that is to say, 6.2 per cent of the set quota. In addition, the daily analysis showed that landings were mainly recorded during the month of November 2013, and reached daily catch rates of 3,500 tonnes,  Gestió ninformed. |
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EZ3626
Veteran |
07-Apr-2014 08:02
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Quick flash back at  the industrial anchovy fishing quota for the north-central fishing area - 2.3 million tonnes for the November 2013 to January 2014 fishing season.IFFO WELCOMES PERUVIAN ANCHOVY QUOTATuesday, October 8, 2013
The news of an increase in the Peruvian anchovy quota for the second fishing season starting in November has been welcomed by IFFO, the international marine ingredients trade organisation. Stable biomass has enabled the Peruvian Ministry of Production to announce that the industrial anchovy fishing quota for the north-central fishing area will be 2.3 million tonnes for the November 2013 to January 2014 fishing season. Peruvian anchovy is the world' s largest fishery and it has two fishing seasons each year - with the first for north-central usually running from May to July, and the second running from November to the end of the following January.
The 2.3 million tonne quota is about 12 per cent higher than that for the first season of 2013 and more than 180 per cent higher than the 810,000 tonnes for the equivalent season of 2012. This new quota brings the fishery back into historically normal quota ranges after the 68 per cent quota reduction imposed for last year&rsquo s second season. Deputy Minister of Fisheries, Paul Phumpiu said the new quotas was a responsible quota intended to ensure the recovery of the biomass of the pelagic resource, established on the basis of a series of recommendations from the Instituto del Mar del Peru (IMARPE). Its latest survey determined the biomass at 10.3 million tonnes in the north-central area (5.3m 2012) and 1.87 million tonnes in the southern zone. In addition, the Government indicated that the anchovy capture season in the south area of Peru will have a quota of 430,000 tonnes, following 400,000 tonnes for the first season of 2013, and will run from late October until March 2014. Total annual quotas for this zone have remained around 700,000 to 850,000 for the whole year for several years. IFFO' s Director General, Andrew Mallison said: " We are very pleased to hear of increased quota based on sound science from IMARPE and the precautionary approach. The Government has also announced that surveillance systems will be strengthened on landings, discards, juvenile catch, by catch of other species and the anchovy reproductive process. It looks very much like the newly announced quotas are more in keeping with traditional historical figures and reflect the success of the emphasis on the long-term sustainability of this important marine resource." |
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EZ3626
Veteran |
05-Apr-2014 16:59
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Peru slightly raised its anchovy quota for 2014 back to more normal ..... Cheers to the start of Fishing Season Fish Oil - March 2014 Fish oil price is expected to hold in the first quarter of 2014, based on strong aquaculture demand coupled with supply constraints in the anchovy fisheries of Latin America. The Gulf menhaden fishery is anticipated to maintain its high level of fish oil supply and exports achieved in 2013, based on a recent positive stock assessment that recommends harvests can be kept at current levels. Production Production of fish oil was up 9% between 2012 and 2013, with a total of 386 000 tonnes reported for the first nine months of 2013. Latin America remained an important source of Omega-3 production, especially for human consumption, as this product is highly dependent on anchovy fisheries. With recent announcements of major quota reductions in 2014 for anchovy fisheries in northern and southern Chile, this could have implications for the supply of fish oil later in the year, especially for omega-3 producers and fish farmers. However, Peru slightly raised its anchovy quota for 2014 back to more normal levels, following last year' s El Nino reductions.   Exports
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newbie888
Veteran |
05-Apr-2014 00:34
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hope that what ever said below will reflect positively in the coming financial report....HUAT!!! |
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CWC***
Member |
04-Apr-2014 02:23
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THANKS Bro......for the useful info.......Buy and hold at current price = sure win.........
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SLPY69
Senior |
04-Apr-2014 01:11
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You think I anyhow quote. It was reported that China Fishery' s price (US : OTC) increased significantly.   Watch out for Imarpe quota news ... to be released. With the increase in China consumption, fishmeal imports volume and price look set to increase significantly. I did not anyhow quote ... OK    |
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SLPY69
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04-Apr-2014 01:00
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Hello what do you mean anyhow quote ???» More China Fishery Group Ltd. ADS  CIFHY  (U.S.: OTC)COMPREHENSIVE QUOTE 
$  3.12  USD     + 0.19 (6.48%) |
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| Relative Performance: 03/25 | |||
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| CIFHY | +6.48% |   |   |
| -0.10% |   |   | |
| Consumer Goods | -0.40% |   |   |
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EZ3626 ( Date: 03-Apr-2014 21:02) Posted:
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Our weekly updated position: 
  + 38,687 MT net long 
  + 0 MT Prod week #10/2014 
  ( 500) MT local market 
  ( 2,000) MT new sales/hidden sales 
  + 36,187 MT net long 
 
4--SECTION FOUR &ndash  
  -Understand M/V Wisdom for FSB closes the season&rsquo s bulk shipments. It appears that the Koester vsl previously 
  announced will not be performing after all. 
  -The China imports for Jan 2014 were published by Customs authorities as per below: 
 
                        CHINA FISHMEAL IMPORTS (MTONS) 
Origin               Jan 2014       Share %       Jan 2013           Share %           Variation % 
Peru                   33,697             49.5             18,407               25.2                 +83.1 
Chile                 15,906             23.4             21,205             29.0                   -25.0 
Vietnam               4,879               7.2               4,060               5.6                   +20.2 
U.S.A.                 3,271               4.8               9,019               12.3                   -63.7 
Ecuador               2,514               3.7               6,702               9.2                   -62.5 
Pakistan               2,462               3.6               1,210               1.7                   +103.5 
Russian Fed         1,882               2.8               2,554                 5                     -26.3 
Panama             1,224               1.8               1,249                 1.7                     -2.0 
New Zealand         987               1.4                 865                 1.2                   +14.1 
Thailand               601               0.9               4,976                 6.8                   -87.9 
Mexico                 300                 0.4               1,056                 1.4                   -71.6 
Myanmar               50                 0.1                 988                 1.4                   -94.9 
Denmark               -                   0                   428                 0.6                   -100 
Argentina               -                   0                   350                 0.4                   -100 
Others                 310                 0.5                 -                       -                       NA 
Total                 68,083MT           100 %         73,069 MT         100 %                 -6.8 % 
 
  Comments 
  Amazing to see the variations in origin/tonnages which clearly describe the actual X-Ray situation 
  we are experiencing in this season reflected in our main market: China. 
a) Tremendous growth on Peru numbers 2013 vs. 2012. 
b) Reduction on other American origins such as: 
- Chile less 25% 
- USA less 64% 
- Ecuador less 62% 
- Panama less 2% 
- Mexico less 71% 
- Argentina Zero 
 
Our exports in Feb are almost complete, but expect China Feb numbers to keep increasing as the custom agents  report all shipments. Perhaps next week the final numbers will be stable. Today Feb shows: China @ 76,396 MT,  Germany @ 14,156 MT.) 
 
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Hello 69, don' t anyhow quote huh .... this one not CF counter 
 
With a billion of new consumers on map .... it will drive whatever commodities' prices up ..... relax 
Senior
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EZ, fyi ....
US : OTC register reflect movement on CIFHY .... watch out for announcement. Funds can come from many corners .... Carlyle in itself is an international funds. If the FISH need to fly it will ..... 
  cos it is undervalued.
 
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Chinese dog breeder sells Tibetan mastiff twins for £ 1.8m
Purchase of twin males dogs highlights extent to which breed has become status symbol for China' s ultra-rich
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Associated Press in Beijing
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- theguardian.com,  Thursday 20 March 2014 09.31 GMT
- Jump to comments  (110)
One of the twins &ndash a golden-haired Tibetan mastiff &ndash was sold for 12m yuan, and his red-haired brother went for 6m yuan. Photograph: Str/AFP/Getty Images
A Chinese dog breeder has said that a property developer paid him 18m yuan (£ 1.8m) for Tibetan mastiff twins, highlighting how the breed has become a status symbol for  China' s rich.
The large, slobbery dog with massive amounts of hair used to be best known for herding sheep in Tibet,  but has now become a luxury for the ultra-rich who want to spread their wealth beyond stocks and property.
Breeder Zhang Gengyun said he sold the one-year-old twin male  dogsto a single buyer at a luxury dog fair on Tuesday in wealthy Zhejiang province, located on China' s east coast. The sales were reported by the local Qianjiang Evening News.
One of the twins &ndash a golden-haired Tibetan mastiff &ndash was sold for 12m yuan, and his red-haired brother went for 6m yuan.
Zhang said the buyer, from eastern Shandong province, paid him the 18m yuan with his credit card.
Zhang denied the sale was a ploy by breeders to hype the price of Tibetan mastiffs and said he was reluctant to sell the twins. " It' s a real deal," he said.
The more expensive golden-haired dog was 80cm (31.5in) tall and weighed 90kg (200lb).
" His hair is bright and he has a dead-drop gorgeous face," said the breeder. " Usually he' s quiet and gentle, but when a stranger shows up, he could bark endlessly and bite."
Zhang said the unnamed buyer might start breeding Tibetan mastiffs himself.
" The Tibetan mastiff is as treasured in China as the giant panda, so people consider it a symbol of higher social status," he said.
Liu Na, organiser of a Tibetan mastiff fair in Beijing, said the average price for one of the dogs is several hundreds of thousands of dollars. The price tag usually depends on the breeder' s expectations, the buyer' s appreciation of the dog and the bargaining between the two, she said.
" It' s just like deals done when buying antiques," Liu said. " But it isn' t uncommon for a breeder to hype a price in order to raise his profile in the industry, just like a celebrity can inflate his or her appearance fee."
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looking for more positive news to come....
SLPY69 ( Date: 01-Apr-2014 08:44) Posted:
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Master
Yells: "Winners cry..... Losers smile....."
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Peru&rsquo s fishmeal sector at risk of strong El Nino effect in 2014
Peru&rsquo s fishing sector is at risk of being significantly affected by this year&rsquo s El Nino, fishing expert and oceanic scientist Luis Icochea  told  Undercurrent News.
The weather phenomenon will particularly hit the anchovy stock and as a result the fishmeal industry, while also affecting giant squid catches for direct human consumption, said Icochea.
The El Nino Southern Oscillation (ENSO), commonly known as El Nino, started in February in the marine area nearby Australia. According to Icochea, its abnormally high temperatures this year are reminiscent of 1997-98, which witnessed one of the strongest El Nino ever.
Data gathered by the researcher suggests the event as grown in strength since it started, but only in April will data show more precisely the magnitude of El Nino.
Not all scientists share  Icochea&rsquo s forecast, however.
The latest report from NOAA&rsquo s climate prediction center (NCEP), dated March 6, shows uncertainly about this prediction, and says there is about a 50% chance of El Nino developing during the summer or fall.
For his part, German Vasquez, president of ENFEN &mdash a Peruvian institution researching El Nino &mdash told local media the phenomenon this year is expected to be &ldquo from weak to moderate&rdquo , similar to the El Nino of 2012, although he pointed out that &ldquo each event is different&rdquo .
Icochea, however, does not accept the parallel with 2012. Although that year also saw similarly abnormally high temperatures in waters close to Australia, Icochea argues that in 2012 a core of cold water towards South America blocked the advance of El Nino, something that is not happening now.
Rather, the researcher says the event this year is developing similarly as it did in 1997-98 and, if the patterns of the event continue as now, El Nino will hit mostly northern Peru and Ecuador, with consequences on the fishing industry to play out by the end of the year.
If this scenario does pan out, it is the anchovy stock that will be most affected, he said.
Pelagic fish such as anchovy will have to migrate to avoid the increased temperatures, and other commercially important species like giant squid, will also move to cooler, deeper waters where feed is available and there are suitable oceanographic conditions.
On the other hand, the phenomenon could mean higher catches of other species such as tuna,  mahi mahi, swordfish or shark, as well as new species such as beltfish or oceanic lightfish. Unlike anchovy, which is used to feed Peru&rsquo s huge fishmeal production, these species are used for human consumption plants.
The negative impact on fishmeal production could have a silver lining, however.
&ldquo If the event becomes stronger, it&rsquo s likely to affect spawning this year, but not adult fish. As they won&rsquo t be caught, adults will be bigger and produce larger numbers of eggs after El Nino. Thus, during the following year of the event, spawning can be performed better,&rdquo Icochea said.
The scientist however warned about the risk of overfishing of juveniles in case water temperatures soar off the coast of Peru this autumn.
&ldquo Oceanic and equatorial waters would concentrate anchovy juveniles near the coast so it can be caught easily in high volumes, which can lead to overfishing,&rdquo Icochea said.
The 1998 El Nino event saw Peruvian anchovy landings dive 80% to 1.2 million metric tons year-on-year, the lowest level seen at that time since 1986, according to the Central Reserve Bank of Peru  (BCRP).
Exports dropped by 66% to 662,000t, reaching $396.6m, 154.6% less than the previous year, according to FAO fisheries department unit Globefish.
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Imarpe assesses advance anchovy fishing
PERU Friday, March 28, 2014, 01:40 (GMT + 9)
 
The National Fisheries Society (SNP) expects Instituto del Mar del Peru (Imarpe) decides to set an earlier start of the first anchovy season in order to mitigate the negative effects El Niñ o event may have.
According to Elena Conterno, SNP president, Imarpe is analyzing the request to set an earlier date for the season presented by the association.
" It is necessary to understand that every day the activity [fishing] will be more difficult, but hopefully it [the season] is opening in a week, and we expect a resolution on it is issued," she stressed.
The first fishing season of the pelagic resource usually begins during the first half of April, and lasts about three months. The second stage begins in November and lasts until the following summer.
But this year the arrival of El Niñ o event, which is &lsquo from weak to moderate&rsquo is expected in April. Imarpe scientists indicated that the presence of warm water will make the anchovy move to deeper water, making it difficult to capture.
" Although there are signs of sea warming, at the moment it is available to capture. For that reason we are requesting an early start to the fishing season, given the uncertainty that there will be for the second season," explained Conterno, as it was reported by Andina.
Moreover, the SNP president stated that all fishing companies are proceeding cautiously after the bad situation last year," but anyway the fisheries investments concerning environmental issues continue," he stressed.
According to Conterno, in recent years the private fishing industry invested about USD 500 million for the treatment of effluents and emissions, and Chimbote emission, in Ancash, which will derive the effluent 10 miles away from the bay, is being finished.
Related article:
- Fishing season recommended earlier due to El Niñ o
- Over 400 vessels may not fish for anchovy
By Analia Murias
[email protected]
www.fis.com
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SLPY69 ( Date: 01-Apr-2014 09:04) Posted:
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