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    Home > Food News > Food Articles > Prices of some seafood products in Singapore rise by as much as 50%

    Prices of some seafood products in Singapore rise by as much as 50%

    • Last Update: 2022-02-17
    • Source: Internet
    • Author: User
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    The Singapore Fish Merchants Association said that due to the rainy weather, fishing boats went out to sea less and fishermen caught less seafood
    .
    The approaching Chinese New Year will further stimulate demand, with prices of some seafood rising by as much as 50%
    .
     
    The prices of seafood such as pomfret, pomfret and red tilapia, which are often eaten during the Spring Festival, have risen recently
    .
    After the heavy rain, fishermen cannot go out to fish, supply is scarce, and fish prices double during the festival
    .

     
    Wang Hanxin, the owner of Pantai Seafood Store, said: "In the beginning, peas and pomfret cost 30 yuan and 40 yuan.
    Now it has risen to 80 yuan.
    Almost half of the customers will order fish a month or two in advance
    .
    " Because if there are no fishing boats going to sea , no matter how much money you give, you can't find fish"
    .

     
    According to the Singapore Fish Merchants Association, the price of fish in the market has risen by 30% to 50%
    .
     
    "We source from many places, with Indonesia being our main source, while Thailand, Myanmar, India and Vietnam are our main suppliers
    .
    There are fresh products, so the prices are high, " said Ang Wei Yan, chairman of the Singapore Fish Merchants Association
    .

     
    A seafood restaurant interviewed said that seafood prices have risen recently, with the price of Alaskan giant crab, which is popular during the Spring Festival, rising by about 30%
    .
    Bookings for New Year's Eve are currently very slow, and to attract diners, prices for the Chinese New Year menu have remained the same
    .

     
    Chen Guotian, manager of Xiyan Seafood Restaurant, said: "Last year, the store was better than this year.
    This year, there is a limit of five people per table, so many customers feel that it is better to reunite at home.
    Most customers like takeout, which accounts for about 40% of our (income)
    .
    " The restaurant expects sales to drop by at least 20% during the Lunar New Year period this year
    .

    Seafood prices
     
    The prices of seafood such as pomfret, pomfret and red tilapia, which are often eaten during the Spring Festival, have risen recently
    .
    After the heavy rain, fishermen cannot go out to fish, supply is scarce, and fish prices double during the festival
    .

     
    Wang Hanxin, the owner of Pantai Seafood Store, said: "In the beginning, peas and pomfret cost 30 yuan and 40 yuan.
    Now it has risen to 80 yuan.
    Almost half of the customers will order fish a month or two in advance
    .
    " Because if there are no fishing boats going to sea , no matter how much money you give, you can't find fish"
    .

     
      According to the Singapore Fish Merchants Association, the price of fish in the market has risen by 30% to 50%
    .
     
      "We source from many places, with Indonesia being our main source, while Thailand, Myanmar, India and Vietnam are our main suppliers
    .
    There are fresh products, so the prices are high, " said Ang Wei Yan, chairman of the Singapore Fish Merchants Association
    .

     
      A seafood restaurant interviewed said that seafood prices have risen recently, with the price of Alaskan giant crab, which is popular during the Spring Festival, rising by about 30%
    .
    Bookings for New Year's Eve are currently very slow, and to attract diners, prices for the Chinese New Year menu have remained the same
    .

     
      Chen Guotian, manager of Xiyan Seafood Restaurant, said: "Last year, the store was better than this year.
    This year, there is a limit of five people per table, so many customers feel that it is better to reunite at home.
    Most customers like takeout, which accounts for about 40% of our (income)
    .
    " The restaurant expects sales to drop by at least 20% during the Lunar New Year period this year
    .

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