A decision in the coming days by Peruvian authorities on whether to cut the anchovy fishing season significantly short in the country's north central zone waters to protect abundant juveniles could have a significant impact on prices, market observers told IntraFish.

This comes amid expectations in Peru that the results of a 4 to 5 day exploration trip this week by scientists could end up with anchovy fishing in certain areas being banned or even the end of the season being declared with little over a third of the quota being caught.