Fish prices to reduce this week – Ceylon Fisheries Corporation (Special Report)

Fish prices to reduce this week – Ceylon Fisheries Corporation (Special Report)

Written by News 1st

29 Jun, 2014 | 10:30 pm

Consumers say that there has been a rapid increase in fish prices in the marketplace.

Mahil Senaratne, chairman of the Ceylon Fisheries Corporation, said that while fish prices have indeed increased by about 30 percent, prices are expected to reduce in the coming week.

Senaratne added that the corporation has not made a drastic increase in prices of fish.

However, there seems to be an increase in fish prices in Colombo and other cities in the island.

The price hike has affected both consumers and traders alike.

Fishermen in Chilaw claim that the situation has arisen as a result of fishermen protesting demanding the fuel subsidy.

Tony Kumarapperuma , manager at the Peliyagoda Fish Market complex, says there is a shortage in the supply of fish owing to the adverse weather conditions experienced in the recent past.

A significant price hike was witnessed in the prices of varieties like seer fish and prawns.

The chairman of the Ceylon Fisheries Corporation says the price of smaller shore fish too has risen.

The expected fisheries yield for 2014 is 731,120 tonnes; and the total catch from January to April was 185,240 tonnes.

Although 95 percent of the expected yield was received in 2010, in 2011, 2012 and 2013 the yield has been below par at 92 percent, 85 percent and 75 percent, respectively.

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