Peruvian fisheries companies are welcoming the 33 percent increase in anchovy quota for north central waters despite potential for this to weigh heavy on prices.

With the biomass close to 9 million metric tons, the quota for the second season is set at 2.78 million metric tons.

"It is good news for the sector, the fact that IMARPE has confirmed that anchovy biomass health is good and that for this reason we can capture a better share," Pesquera Diamante CEO Pablo Trapunsky told IntraFish.