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Saturday, March 7, 2009

Fish Prices Soar 20-30% Due to Shortage of Supply

A shortage of fish has caused prices to soar – all because of a controversial fish container ruling. See my previous blog.

Checks at several wet markets here and in Kuala Lumpur showed that prices of fish had shot up by up to 30%.

Fish distributors and wholesalers increased their cost when The Fisheries Development Authority of Malaysia requires the use of insulated fish containers to transport the fishes.

To make matter worst, these containers are supplied by a single supplier. Most porbably the supply of these insulated boxes are not enough and waiting period is long

For full report, click HERE

Source: The Star

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