The value of set and drift permits in Bristol Bay remains fairly stable according to the latest data from the Commercial Fisheries Entry Commission.The estimated monthly value report shows that a Bristol Bay driftnet permit was valued at about $88.7-thousand dollars in January. That's up about a thousand dollars compared to the December price but it's down about a thousand dollars compared to November of last year.
The highest estimated average value from last year was just over $119-thousand dollars recorded last April. While there has been quite a bit of variability in driftnet permit values, the value of a setnet permit in Bristol Bay has been fairly stable. The estimate from January is that setnet permits were valued at $41.3-thousand dollars. That's the same estimated value in December, which is down about $700-dollars compared to November. The highest Bristol Bay setnet permit value from last year was $42.5-thousand dollars back in September. The lowest value from last year was $38.5-thousand dollars recorded last February. A look at some of the other fisheries shows that Cook Inlet purse seine permit's increased in value last month up to $65.6-thousand dollars. That's way up from the December estimated value of $54.4-thousand dollars. The value of a Chignik purse seine permit remained unchanged last month at $97.6-thousand dollars. The value put on an Alaska Peninsula purse seine permit in January was $66.9-thousand dollars. Cook Inlet drift net permits are valued at $75.8-thousand dollars and Alaska Peninsula driftnet permits are valued at $97.4-thousand dollars. That's down from the December estimated value of $112.4-thousand dollars. The estimated permit values are published by the Alaska Commercial Fisheries Entry Commission.