Fish prices drop in RAK

RAS AL KHAIMAH — Fish prices in Ras Al Khaimah have come down drastically over the weekend after having risen considerably in the last few weeks, prompting the Ras Al Khaimah Municipality to fix the official prices of fish in the emirate.

By Sebugwaawo Ismail (Our staff reporter)

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Published: Sun 6 Apr 2008, 9:11 AM

Last updated: Sun 5 Apr 2015, 4:45 PM

Varieties of fish that were being sold for Dh20 per kg in the past few weeks are now being sold for Dh5-10 a kg, a price that was officially regulated by the RAK municipality to control the arbitrary price increases.

Fishermen and traders have attributed the fall in the prices to the big catches in the past few days and the import of large quantities of fish from other emirates.

Fish traders said they have decided to lower the prices of fish because of the increased supply which was not the case before as there was a lot of demand for fish due to the scarcity.

"During the past weeks we had lost many of our customers as the fish prices went up and only a few people could afford to buy fish.

"Now that the prices have been lowered, many of our customers have come back and can avail of the good prices," said a fish trader.

Ahmed Ali, a fisherman in Ras Al Khaimah, said that the prices of fish are expected to decline further as more big catches are anticipated for during the current month.

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