| Won | Pyongyang | Sinuiju | Hyesan |
|---|---|---|---|
| Exchange Rate | 8,070 | 8,050 | 8,095 |
| Rice Price | 5,800 | 6,000 | 5,900 |
North Korea has been boasting its plentiful catch of fish this year widely across state media, but running contrary to this alleged abundance, fish prices in the markets have been on the rise, the Daily NK has learned.
She went on to explain that aside from a handful of businesses, most boats find it hard to even fathom going out on the waters currently. Only a select few among the fishing companies associated with the military, and one or two out of Pyongyang channeling supplies back to the capital, can get out on the ocean, she said.
Despite it being the apex of North Korea's fishing season, most fishing boats are unable to operate because of the diesel prices and fishing supply costs, for necessities like nets and ropes.
Diesel of good quality is expensive, so most small fishing vessels use fake concoctions to run the boats. However, even this goes for 8,000-10,000 KPW [0.96-1.20 USD] per kilogram, while a 30-meter gill net costs some hundred thousand KPW, the source explained. Even for boats equipped with the required tools of the trade, the prohibitive diesel costs keeps them contained to nearby waters to fish for sailfin sandfish and crabs, at the very most.
Without the usual number of individual fishing boats going on on the water, supplies to the markets cannot be met. It may be a good year for catching fish, so the state reports, but the limited foreign-currency earning enterprises, affiliated with the military and that can afford to go out on the water, have been exporting most of the catch to China, contributing the rising prices.
Some of the fish that havent frozen surface occasionally in the market, but theyre still extremely expensive, the source explained.
Vexed by state medias overblown declarations of the abundance of fish in the country, many residents have pointed out, They say they caught so much but where does it all go? Most assume even the fish go only to Party cadres, she concluded.
Meanwhile, North Korean leader Kim Jong Eun recently visited the No. 18 fisheries company under the auspice of the Chosun Peoples Army and commended their fishing efforts, according to the Party-run daily Rodong Sinmun on November 19th. The paper also published a story on Wednesday praising honorable workers in the fishing industry.
*Translated by Jiyeon Lee










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