Last week, a kilogramme of Hilsa fish was being sold as high as Rs 800-1000 range in Paradip and adjoining marketplaces. The price tag had reached prohibitive proportions.
But the prices have made a nosedive as per the market trend in Paradip in past two days following higher catch. It has come down to Rs 100-150 a KG, said a Fisheries department official.
"It's good news for fishermen. The return from seasonal Hilsa fish is a bonus for them. For past three years, hilsa catch was on a lower side. Those living on fishing wait for the hilsa season to earn the extra sum. But they were not able to reap additional benefits following low yield. We are hopeful of fishermen compensating the deficit of past years", said District Fisheries Officer, Gyan Ranjan Samal.
The yield was negligible last week. But it picked up in past three days. Earning has also multiplied following rise in catch. "We have skipped fishing today due to bad weather. From tomorrow onwards, we are going to resume hilsa fishing", said a traditional marine fisherman, Ranjit Majumdar.
"We savour hilsa curry. Drop in price has given us the opportunity to buy hilsa", said a local Himanshu Dash.
Hilsa is a sensitive fish species. And its breeding ground is mostly concentrated in the confluence of river and oceanic waters. After being bred in fresh water, the fish makes its way to seawater again by undertaking a return journey to confluence points.
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