Dearer fish after Malaysia cuts supply

Ng Lian Cheong Channel NewsAsia 16 Nov 14;

SINGAPORE: Prices of fish in Singapore have seen an increase after a cut in supply from Malaysia. The price of yellowtail scad or ikan selar, for example, has gone up by about 14 per cent from S$7 per kilogramme to S$8 per kilogramme.

Some fishmongers at the wet market in Chinatown said the price rise came after Malaysia issued a directive to stop fish exports to Singapore and Thailand from this month. Malaysia has said this is due to an anticipated shortage during the monsoon season.

The Singapore Fish Merchant's General Association said the impact is mitigated by the diversity of sources in Singapore. Singapore also imports fish from countries like Vietnam, Thailand and Indonesia.

However some fish sellers said they have started to see supply from Malaysia trickling back. "One week ago, there were fewer fish - about 3 per cent less. But now there's a bit more. The customers understand. If I raise the price, they will ask me for a discount, and I do try to give them."

"It is a necessity...we do eat quite a bit of fish...of course we might scale back a little but not too much," said a customer. "Depends on your family; if you can afford to buy, you buy, if you can't afford, you take the small fish," said another.


- CNA/ir

Prices of some fish set to rise after KL export ban
Malaysia won't be supplying five types of fish for two months
JESSICA LIM, Straits Times 17 Nov 14;

Singapore fish importers are paying at least 20 per cent more for five types of fish banned for export for two months by Malaysia.

The increase will, in turn, likely force fishmongers at wet markets to raise their prices by between 10 per cent and 30 per cent, they told The Straits Times yesterday.

But the situation varies at Singapore's three main supermarket chains.

Prices at Sheng Siong have risen by an average of 10 per cent while NTUC FairPrice expects prices to increase soon.

Cold Storage, however, is keeping its prices unchanged for now, said a spokesman.

The fish that Malaysia has banned for export since last Wednesday are: Indian mackerel (kembung), short bodied mackerel (pelaling), hardtail scad (cencaru), round scad (selayang) and one finlet scad (selar).

The importers said Malaysia's Fisheries Development Authority notified them of the ban three days before it took effect.

It did not give any reason but the president of the Singapore Fish Merchants' General Association, Mr Lee Boon Cheow, suspects that it could be due to a shortage of the fish in Malaysia.

"Typically, during this time, there is a shortage because it is the fasting (Ramadan) period and the fishermen don't go out to sea. So supply falls," he said.

The association will meet today to discuss the issue, Mr Lee added.

Singapore gets 28 per cent of its fish supply from Malaysia, said the Agri-Food and Veterinary Authority (AVA). The banned species form the bulk of the imports.

The AVA also said it is monitoring the situation and that importers are looking at alternative sources to meet local demand.

Fish merchants like Mr Kenneth Lim have already turned to suppliers from Indonesia and Thailand.

"We've very good links with suppliers all over the world. We just call them and, the next day, the fish is here," said Mr Lim, who is the owner of Elite Fisheries and Trading. He imports about 10 tonnes of fish from Malaysia each month, half of which are of the banned variety.

But smaller merchants like Mr Eric Teo are in a bind.

He said prices of the kembung and selar fish he sells have risen from $4.50 per kg last week to about $7.50 per kg - an almost 70 per cent increase.

Size matters in the business, according to Mr Lee.

"Larger wholesalers and retailers have greater bargaining power. Their suppliers won't dare to increase prices by much.

"But smaller players, like the wet market fishmongers, buy today and sell today at market prices," Mr Lee added.

Sheng Siong's spokesman said supply from Thailand and Indonesia is helping to meet demand, "so our prices did not go up significantly".

FairPrice, Singapore's largest grocery store chain with 116 outlets, expects prices of the banned fish "to increase slightly by the end of the week".

It is working closely with suppliers and has various sources to tap, added its director of purchasing and merchandising, Mrs Mui-Kok Kah Wei.

Meanwhile, Singaporeans like cleaner Joriah Awang are making the switch to other types of fish.

The 56-year-old used to stir-fry the kembung and selar fish with sambal for her daily lunch or breakfast.

Now, she uses other small fish like the kekek.

Similarly, teacher Peggy Lim, 46, who regularly cooks the banned fish, said: "When prices increase, I'll look at the fish's freshness. If it's so-so, I won't buy it."

Additional reporting by Linette Lai