November 21, 2017

Domestic rohu fish prices undermining exports

Fish are caught to be bred at a farm in Yangon.  Photo: Supplied

Prices of rohu fish, a kind of carp that is extensively farmed in Southeast Asia, have increased since July due to scarcity and due to breeders’ decision to harvest them at a younger age due to that scarcity, according to a report in the Myawady Daily yesterday.
Prices are currently about Ks6,000 for a 1.6 kilogram rohu fish, said U Hla Tun, a fish broker from Baho Sanpya fish market.
“We cannot find rohu fish sized for export in the market,” said U Win Kyaing of Myanmar Fisheries Federation. “Therefore, the exporters have to pay higher prices for big size fish at the fish brokerages.”
Myanmar is one of the largest exporters of rohu fish in the world.
But local rohu breeders have begun to forgo the export market, which demands each fish to weigh about 4 kilograms before harvest, because prices have increased so substantially. Currently, rohu fish found in the market only weigh .64 kilograms on average. —GNLM

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