Prices of fish sold at Jurong Fish Port slashed by at least 70%

Channel NewsAsia 17 Oct 14;

SINGAPORE: The price of some fish has fallen by almost 70 per cent at Jurong Fish Port over the past few days.

While the fish are said to be fresh, they can only be sold at lower prices as they are not full-grown fish. These fish were saved from dying in the recent spate of low oxygen levels at the Lim Chu Kang fisheries, possibly due to the warm weather.

The fish like pomfret, milkfish and black mullet, were kept fresh in ice and sent for sale.

About 300 to 350 kilogrammes of silver pomfrets are sold on a daily basis. However, on Tuesday (Oct 14), almost 3,500 kilogrammes of silver pomfrets were on sale.

According to some suppliers, silver pomfrets are usually sold for S$7 per kilogramme, but due to the excess supply in the past few days, they are now selling at between 50 cents and S$2 - for the first time this year.

- CNA/xk