Hits

Monday, November 17, 2014

Price of fish to rise after cut in supply from Malaysia

ALL content used in this not-for-profit blog remain the property of their respective owners.
http://www.channelnewsasia.com/news/singapore/dearer-fish-after/1475848.html

Prices of fish in Singapore have seen an increase after a cut in supply from Malaysia. 

The price of yellowtail scad or ikan selar, for example, has gone up by about 14 per cent from S$7 per kilogramme to S$8 per kilogramme.

Some fishmongers at the wet market in Chinatown said the price rise came after Malaysia issued a directive to stop fish exports to Singapore and Thailand from this month. 

Malaysia has said this is due to an anticipated shortage during the monsoon season.

The Singapore Fish Merchant's General Association said the impact is mitigated by the diversity of sources in Singapore. Singapore also imports fish from countries like Vietnam, Thailand and Indonesia.

No comments:

Post a Comment