Kingfish prices to drop as fishing ban comes to an end
Fish buyers in Qatar can expect a significant fall in the price of the popular kingfish as a ban on fishing it came to end yesterday.
Prices had skyrocketed to QAR65 per kilogram at the central market after a two-month ban had been announced on commercial fishing for kingfish, local daily The Peninsula reported.
Some outlets in Doha were reportedly selling them for as high as QAR75.
"The price will witness a steep fall within few days as ban on catching is going to expire. I am pretty sure the prices of kingfish will touch QR20 and QR18 per kg," a trader told the local daily.
The conclusion of the fishing ban is also expected to bring down prices of other popular fish kinds hamour, safi and shahri.
Prices of hamour, an all-time favourite among Qataris, also increased to QR60 and QAR50 for small and big pieces respectively.
Every year, the Fisheries Resources Department announces a ban on catching kingfish during its mating season (Aug 15 - Oct 15).
To protect the king fish stock:— Baladiya (@Baladiya1) August 14, 2016
• Fishing King Fish using the net, is PROHIBITED.
• Only Hooks+hand line r allowed. pic.twitter.com/TyxWP6YS26
The ban is imposed as part of the Ministry's commitment to preserve the country's marine resources and comply with the GCC Agricultural Committee.
Authorities are planning to build a local hatchery and have also stopped issuing new fishing licenses until 2022.