THE WAY FORWARD │ Level Up Philippine Agriculture!

Fish now more affordable as supply stabilizes in Metro Manila

Author: DA Communications Group | 19 March 2021

With increasing supply, galunggong (roundscad) currently sells for P180 per kilogram (kg), from P260-280/kg, making the price more affordable. This is 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.

With the increase in fish unloaded at the Navotas Fish Port Complex, the largest fish port in Southeast Asia, the price of local-fresh marine fish commodities in the NCR has begun to stabilize. This is also attributed to the lifting of the three-month closed fishing seasons in the country’s major fishing grounds.

The Philippine Fisheries Development Authority reported that a significant amount of fish supply totaling 9,506.81 metric tons (MT) has been unloaded from March 1 to 15, of which 5,743.44 MT are marine commodities, 1,480.88 MT are from aquaculture, and 2,282.49 MT are frozen fish products.

Galunggong comprised the largest percentage in the supply, followed by bangus, tilapia, tulingan, and tamban.

With the increasing supply this month, NFPC is looking forward to surpass its own record of 12,404.4 MT in January and 15,384.9 MT in February.

“With the resumption of large supplies of fresh marine commodities in the market, our consumers now have more affordable fish to choose from and put on their tables. We had continuous aquaculture production in the past months and this helped us augment supply during our lean months,” said DA Undersecretary for Fisheries Cheryl Marie Natividad-Caballero.

The prices of tilapia and bangus remain stable at P120/kg and P180/kg, respectively, as production and delivery of supply from major aquaculture production areas remain unhampered.

“Our abundance of supply now is perfectly in time with our urgent need to ramp up efforts to ensure the nation’s food security as we battle an even stronger challenge of the COVID-19 pandemic,” she concluded. ### (DA StratComms and DA BFAR)

Back to Archives