Fish prices likely to go down in coming weeks – BFAR

The lifting of the closed fishing season for round scad in Northern Palawan will result in a boost in supply for the fish in the local market. RAPPLER PHOTO
The lifting of the closed fishing season for round scad in Northern Palawan will result in a boost in supply for the fish in the local market. RAPPLER PHOTO

FISH prices are likely to go down in the coming weeks following the lifting of the closed fishing season for round scad (galungggong) in Northern Palawan, according to the Bureau of Fisheries and Aquatic Resources (BFAR).

BFAR said it expects that this will result in a boost in supply for round scad in the local market.

“‘Pag maraming klase ng isda na mapagpipilian sa palengke, marami ang supply, it would actually boil down to reduced price,” said BFAR chief public information officer Nazzer Briguera.

As of the latest price monitoring of the Department of Agriculture, local round scad retails at P200 to P320 per kilo, while imported round scad sells for P180 to P260.

Meanwhile, Tugon co-convenor Asis Perez said the lower price of round scad could also have a domino effect on other agricultural commodities.

Kung marami talagang isda it can even affect the price of meat to a certain extent,” Perez said.

Briguera, however, said it would take some time before the fresh catch reaches the market.

“We need to consider these are large commercial fishing vessels na pupunta doon sa Palawan so it would take days din para makarating sila doon and then manghuli and then babalik,” he said.  

While imported galunggong is currently still being sold in some markets, BFAR said it will not compete with local harvest.

“‘Eto yung mga bahagi pa ng mga inangkat natin but this is understandable kasi nga ano pa lang naman kabubukas lang. Pero inaasahan natin na dapat maubos na ito bago pa dumating yung mga unloadings mula sa local production natin,” Briguera explained. (GMA Integrated News)

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