Seafood supply faces triple threat

Khoo Gek San

Pomfret is a ‘must have’ for Chinese New Year but prices have shot through the roof because of poor yield. – The Malaysian Insight file pic, January 28, 2021.

SEAFOOD prices have surged between 20% and 40% ahead of the lunar new year season due to movement restrictions, lower catch during the monsoon season and foreign labour shortage, said industry players.

These factors are causing large Chinese restaurants to hold back on stocking up on seafood, Malaysia Fish Industry General Association president Chia Tian Hee said.

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