This story is from April 20, 2015

Fish prices in coastal Mangaluru will stabilize in a week

Seafood lovers can now heave a sigh of relief, as the price of fish is likely to be stabilized in a week. Following the protest by fishermen and the fishing vessel owners against direct bank transfer (DBT) of fuel subsidy, the fish prices had skyrocketed.
Fish prices in coastal Mangaluru will stabilize in a week
MANGALURU: Seafood lovers can now heave a sigh of relief, as the price of fish is likely to be stabilized in a week. Following the protest by fishermen and the fishing vessel owners against direct bank transfer (DBT) of fuel subsidy, the fish prices had skyrocketed.
Now, the fishermen are back to work as they received subsidized diesel supply at bunks three days ago.
Although the current price of the fish is nowhere close to the old price, it is likely to come down after April 25 when deep-sea fishing boats, which left on April 16, return with the catch.
Mohan Bengre, joint secretary, Trawl Boat Owners Association, said: "Over 1,300 trawl boats went fishing. As these are deep-sea trawlers, they come back after a week or two. Depending on the catch, the price of fish will come down. Until the supply outstrips demand, the current rates will persist." Meanwhile, Purse Sieners, which do day fishing, hav e not left the Old Port as the fishermen say it is not worth venturing as the fish catch has dwindled.
Although their main catch is sardine, they also get a fair quantity of seer, mackerel, and squids. Umesh Karkera of Purse Siener Association said the diesel subsidy had come in late, therefore the volume of catch was also less. Mackerel prices which were Rs 230 per kg a few days ago are now hovering between Rs 160 and Rs 190. The regular price is about Rs 100 or Rs 120 per kg. Likewise, the cost of white pomfret is Rs 920 and that of seer is Rs 680 - an increase i n Rs100 to Rs 150 when compared to last month.
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