SINGAPORE — With Chinese New Year taking place earlier this year in the midst of the seasonal rainy weather, fishmongers are saying that supplies of popular fish and seafood are even tighter than in past years, driving prices even higher than usual.
, typically sees lower supplies of seafood because the bad weather prevents fishermen from going out to sea.
Red groupers that suppliers usually charge $20 a kg on an average day now cost about S$60 a kg — about 30 per cent higher than the S$45 to S$50 a kg charged during the festive period last year, Mr Tan said. For example, in the past, out of 100kg of squid that arrives from a supplier, only less than 5kg of them are not “aesthetically pleasing”, she said.
Mr Lee Ming Hock, who has been running a fresh chicken stall at Tiong Bahru Market for the past 30 years, said that his suppliers have increased prices by around 30 per cent since Malaysia’s ban. This is primarily due to the Ukraine-Russia war, which has driven up oil prices and as a result, fuel prices for transport and delivery, he added.
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