With major fishing grounds now open following the lifting of the closed fishing season, the Bureau of Fisheries and Aquatic Resources (BFAR) expects improved fish supply in markets, particularly during the summer months when fishing activities peak.
BFAR Spokesperson Nazario Briguera highlighted that the government’s ongoing fuel subsidy program for municipal fisherfolk will help stabilize fish prices and support local fishing communities.
"In the Philippines, the summer season is considered the peak time for fishing activities because of calmer seas. With good catch expected, we anticipate a stable supply in markets," Briguera said in Filipino in a radio interview on Saturday.
Fuel subsidy to ease operational costs
Recognizing that fuel costs remain a significant burden on fisherfolk, Briguera highlighted the government’s efforts to ease this challenge through its subsidy program.
"The government has a subsidy program in place. When fuel expenses are covered, our fisherfolk can go out to sea more frequently, ensuring a consistent supply of fish," he added.
As of 10 March, the price of fresh local galunggong (mackerel scad) stood at P300 per kilo, but BFAR expects this to drop further following the reopening of Palawan’s fishing grounds.
To enhance fish variety in local markets, the Department of Agriculture (DA) has issued a Certificate of Necessity to Import (CNI). However, Briguera clarified that this move would not negatively impact local fishermen, as only fish species not commonly found in Philippine markets — such as salmon — will be imported.
Meanwhile, fish prices are also influenced by other factors, including seasonal weather changes and increased demand during Holy Week.
No set MSRP for fish yet
Despite ongoing discussions about pricing, Briguera stated that no maximum suggested retail price (MSRP) has been set for fish at this time.
However, when asked about setting a maximum suggested retail price (MSRP) for fish, Briguera said, “As of now, we have no information regarding the establishment of an MSRP for fish," he said.