What measures can prevent middlemen from exploiting fish prices?

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Measures to Prevent Middlemen from Exploiting Fish Prices

The Malaysian Fisheries Development Authority (LKIM) is coordinating efforts to ensure sufficient fish supply and stable prices in flood-affected states, while also warning traders and middlemen against price exploitation. These measures involve increasing supply to affected regions and considering a potential restriction on fish exports. LKIM chairman Muhammad Faiz Fadzil has directed National Fishermen Associations (Nekmat) and state fishermen associations to channel more fish to states like Johor, Pahang, Terengganu, and Kelantan, which have been impacted by recent floods.
Increasing Fish Supply to Flood-Affected Areas

LKIM has instructed Nekmat and state-level fishermen associations to augment the supply of fish to states experiencing floods. This initiative aims to guarantee an adequate stock of fresh and frozen fish, referred to as 'Q fish,' in the affected regions. The primary objective is to maintain a consistent availability of fish to prevent shortages that could otherwise lead to price hikes.
Warning Against Price Hikes by Traders and Middlemen

Muhammad Faiz has issued a direct warning to traders and middlemen, cautioning them against exploiting the situation by artificially inflating fish prices in areas affected by floods. He highlighted that there isn't a single designated authority for setting fish prices in the market. Consequently, securing cooperation with the Ministry of Domestic Trade and Consumer Affairs is deemed essential to prevent any drastic and unwarranted increases in fish prices.
Potential Limitation of Fish Exports

As a further measure to ensure domestic availability, the government is considering the possibility of limiting the export of fish, particularly those considered 'people's fish.' This action is intended to ensure that sufficient fish stocks remain within the country, especially during peak festive seasons when demand typically rises. By reducing the outflow of popular fish varieties, the aim is to bolster the domestic supply and thereby contribute to price stability.

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What measures can prevent middlemen from exploiting fish prices?

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