Galunggong fish price decrease, fish products are now more affordable in the Philippines

Published 2021년 3월 20일

Tridge summary

The Department of Agriculture in the Philippines has reported that fish product prices in the National Capital Region are stabilizing as supply in wet markets increases. The price of galunggong has reduced to ₱180 per kilogram from ₱260 to ₱280, and the prices of tilapia and bangus are also stable. This increase in supply is due to an increase in fish unloaded at the Navotas Fish Port Complex and the lifting of a three-month fishing ban in major local fishing grounds.

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Original content

Metro Manila (CNN Philippines, March 20) — Prices of fish products in the National Capital Region, galunggong in particular, have started to "stabilize" as supply in wet markets increases, the Department of Agriculture said Saturday. Galunggong currently sells for ₱180 per kilogram—down from ₱260 to ₱280—according to the daily market price monitoring conducted by the Department of Agriculture-Bureau of Fisheries and Aquatic Resources (DA-BFAR) in Metro Manila markets. Prices of tilapia and bangus were also stable at ₱120 and ₱180 per kilogram, respectively. The DA said there was an increase in fish unloaded at the Navotas Fish Port Complex, considered to be Southeast Asia's largest fish port. Citing data from the Philippine Fisheries Development Authority, 9,506.81 metric tons (MT) were unloaded from March 1 to 15—5,743.44 MT were marine commodities, 1,480.88 MT were from aquaculture, and 2,282.49 MT were frozen fish products. Galunggong comprised the largest percentage in the ...

Source: Cnnphilippines