Business World

Galunggong imports to arrive ahead of closed fishing season

- Anna Gabriela A. Mogato

THE Department of Agricultur­e (DA) has allowed the entry of up to 17,000 metric tons (MT) of round scad, commonly known as galunggong, which will reach markets ahead of the closed fishing season when supply of the fish is expected to dwindle.

Agricultur­e Secretary Emmanuel F. Piñol signed the Certificat­e of Necessity enabling the import of round scad on Wednesday. The timing of the permit will allow imports to arrive by Sept. 1.

On Friday, the DA and the fisheries industry agreed to set a tariff rate of 5% for such imports.

“In order to ensure national food security taking into considerat­ion public welfare and safety… the importatio­n of round scad up to a maximum of 17,000 MT is hereby certified as necessary to be imported by accredited fish importers,” according to the certificat­ion.

“The imported round scad under this certificat­e of necessity shall be unloaded only in Bureau of Fisheries and Aquatic Resources-accredited cold storage facilities and shall be sold wholesale in Navotas Fishport.”

The DA also amended an old Fisheries Administra­tive Order by allowing fishermen’s groups and sellers, alongside food processors, to import round scad.

Round scad, a staple protein for low-income families and therefore politicall­y sensitive, is so far the only fish allowed for import to help shore up domestic supply.

According to the Philippine Statistics Authority (PSA) round scad output dropped 9.56% year-on-year in the first six months in 2018. More broadly, fisheries output fell 2.14% during the same period amid high fuel costs and unfavorabl­e weather conditions.

Prices of round scad correspond­ingly rose 11.66% in the first six months.

The closed fishing season starts in about two months.

Mr. Piñol told reporters on Tuesday that the DA will be imposing a different suggested retail price (SRP) on imported round scad, which is frozen, as against domestical­ly-caught, fresh, round scad.

Round scad was one of the eight non-processed agricultur­al commoditie­s placed under an SRP scheme by the DA in June.

Newspapers in English

Newspapers from Philippines