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iskup2015 posted: " Retail price of gg down by P50/kilo By J.Lo "At present, all areas are open after we implemented  closed fishing season. Visayan Sea, Zamboanga peninsula and then northeastern Palawan for galunggong fishing, all these areas are open," Bureau of"
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iskup2015

March 4

Retail price of gg down by P50/kilo

By J.Lo

"At present, all areas are open after we implemented  closed fishing season. Visayan Sea, Zamboanga peninsula and then northeastern Palawan for galunggong fishing, all these areas are open," Bureau of Fisheries and Aquatic Resources (BFAR) spokesman Nazario Briguera  said retail price of round scad or galunggong has gone down by P50 per kilo with  peak fishing season.

Briguera said commercial fishers are allowed to operate in Visayan Sea, Zamboanga peninsula and Palawan after  closed fishing season ended on Feb. 15.

He pointed out that  closed fishing season was necessary as  spawning period of mature sardines peaks during  months of October to January.

"If you go to  markets, you can see  increase in  unloading of tamban as  closed fishing season ended in Zamboanga peninsula…''good news… fish is cheaper now…in fact, galunggong prices declined by P50 compared to  closed fishing season," Briguera said.

He noted  movement in retail prices of fish is only expected during  entire observance of Holy Week as many Catholics avoid meat.

"Based on our experience on law of supply and demand, if  demand is high, there is an increase in retail prices but it should only happen during  Holy Week itself… important is we have sufficient supply," he stressed.

According to Briguera, country only imports fish when there is a fishing ban.  Volume  of fish import this year is 29 percent more compared to  25,000 metric tons allowed by DA in 2022.

"Volume of imported fish is only limited, based on  supply gap," he concluded.

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