Kuwait: Lack of issuing permits hikes price of cod fish

Published Jul 6, 2023

Tridge summary

The fish market in Sharq has experienced a significant increase in the price of cod fish due to its scarcity. This has caused frustration among consumers who were surprised by the high prices and the absence of cod fish in the market. The delay in fishing permits from the Public Authority for Agricultural Affairs and Fish Resources has contributed to the decrease in fishing and the lack of supply in the market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

During the last two days, the fish market in Sharq witnessed an unprecedented hike in the price of cod fish, the fishing season of which began at the beginning of this month. This is because the quantity caught is so less that the market is devoid of them, which pushed its price to an unbelievable level that baffl ed the consumers, reports Al-Rai daily. Previously, this type of fish used to be sold at KD 1 for six kilograms but today the price has flipped to KD 6 per kilogram due to its scarcity, amidst the astonishment of the market goers who visited the market yesterday morning to buy the “scarce” cod fish only to be surprised by its absence and the high price. This resulted in great discontent among the consumers over this outrageous price hike. When asked about the reasons for this phenomenon, Head of the Kuwait Fishermen Union Dhaher Al-Soyyan attributed the matter to the delay of the Public Authority for Agricultural Affairs and Fish Resources (PAAAFR) in issuing fishing ...

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