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May 13, 2018 @ 18:02

Fish kill in Obando farms didn’t cause price increase in bangus

Bureau of Fisheries and Aquatic Resources (BFAR) said that the fish kill in Obando last week—which incurred a damage worth P29 million to 40 fish pen operators—didn’t cause a spike in the price of bangus in Bulacan and Manila.

In its latest price monitoring, BFAR said the fish kill caused no significant impact in the prices of bangus, particularly in the fish landing areas and public markets in Bulacan.

“It is also unlikely to cause general surging of market price, especially in Metro Manila, as Obando is not the only source of farmed fish in these areas,” the agency added.

BFAR also said that the low supply of bangus and tilapia in Obando market because of the incident will be temporary and short lived as the production of the local operators is expected to recover soon.

Moving forward, BFAR is ready to give assistance to the affected operators.

The agency is also advising fish farmers to closely monitor their fish stocks and always adhere to good aquaculture practices.



 

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