News

Sufficient stock of tuna cans available: MIFCO

Maldives Industrial Fisheries Company (MIFCO) has reassured it has enough supply of tuna cans in stock to meet the demands in Ramadan amid the lockdown imposed in the Greater Male' Region.

Speaking to PSM News, Senior Executive of Sales and Marketing Mifrah Naseem stated MIFOC also has a sufficient supply of smoked tuna and dried tuna products in addition to tuna cans. Mifrah said despite the availability of processed fish, MIFCO is unable to supply raw fish due to challenges in transporting fish to the capital from its branch in Kooddoo, Gaafu Alifu Atoll.

Following the outbreak of COVID-19, MIFCO has reduced the price of canned tuna for the first time in four years. The retail price of canned tuna in oil has been reduced to USD 41.5 from USD 44.10, while wholesale rates have been reduced to USD 40.5 from USD 42.76. The retail rates of canned tuna in brine have also been decreased from USD 41.83 to 38.59 while the new wholesale rate has also fallen to USD 37.61 from USD 39.95.

MIFCO is working to provide canned tuna products via its outlets and STO Supermart during the lockdown.