How will LKIM ensure sufficient fish stock during monsoon floods?

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LKIM to Boost Fish Supply to Flood-Hit States and Stabilise Prices

The Malaysian Fisheries Development Authority (LKIM) has directed national and state fishermen associations to increase fish supply to flood-affected regions, aiming to maintain adequate stock and prevent price hikes. LKIM has assured that sufficient fish will be available in states like Johor, Pahang, Terengganu, and Kelantan, even during the monsoon season, by ensuring the provision of fresh frozen fish, also known as 'Q fish'.
Increased Fish Supply to Flood Zones

LKIM has issued directives to the National Fishermen Associations (Nekmat) and various state fishermen associations, mandating an increase in the supply of fish to states currently experiencing floods. This measure is specifically designed to counteract potential shortages and ensure that consumers in these affected areas have access to essential protein sources.
Assurance of Sufficient Stock and Price Stability

The authority has provided assurances regarding the availability of fish stocks in flood-prone states, including Johor, Pahang, Terengganu, and Kelantan. By prioritising the distribution of fresh frozen fish, or 'Q fish', during the monsoon period, LKIM aims to mitigate the impact of disrupted local fishing activities on overall supply and price stability.
Warning Against Price Gouging

LKIM chairman Muhammad Faiz Fadzil has issued a stern warning to traders and middlemen, cautioning them against exploiting the situation by artificially increasing fish prices in flood-affected states. This warning underscores LKIM's commitment to protecting consumers from unfair pricing practices during times of natural disaster.
Collaboration for Price Control

Recognising the absence of a single body responsible for setting fish prices, LKIM has highlighted the necessity of cooperation with the Ministry of Domestic Trade and Consumer Affairs. This inter-agency collaboration is deemed crucial to effectively prevent drastic and unwarranted increases in fish prices, ensuring market fairness.
Potential Export Limitations for Domestic Sufficiency

In broader terms of ensuring domestic supply, particularly during festive seasons, it has been suggested that the government could consider imposing limitations on fish exports. This measure, focusing on 'people's fish', aims to prioritise the needs of the local market and guarantee that sufficient quantities are available for Malaysian consumers.

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How will LKIM ensure sufficient fish stock during monsoon floods?

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