MANILA, Philippines – Philippine seaweed production is expected to drop by 28.6 percent to 50,000 metric tons from last year’s 70,000 MT due to the prevailing El Niño weather phenomenon, driving up further the price of seaweeds and exerting additional cost pressure on local carageenan processors.
According to Benson Dakay of Shemberg Corp. and a member of the Seaweed Industry Association of the Philippines (SIAP), the El Nino weather pattern is adversely affecting the seaweed production of Indonesia from which Philippine carageenan processors source their additional seaweed requirements.
Indonesia, which was expected to produce 110,000 metric tons of seaweed this year, is now expected to produce only 90,000 MT.
The possible seaweed production shortfall, Dakay fears, could drive up seaweed prices further even as the industry hopes that prices stay at a stable P65 per kilogram or $1,500 per ton.
Dakay warned that “if prices of seaweeds and carageenan continue to increase, users and buyers of carageenan will be forced to use substitute or alternative food hydrocolloid gums like modified starch, gelatin xanthan gums.”
He expressed hope that seaweed traders would not make “overnight money by hoarding and kill the goose that lay golden eggs.” –Marianne V. Go (The Philippine Star)
March –
IT’S WOMEN’S MONTH!
“Respect and support women
every day of the year/s!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
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Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week;
Women’s Week
Week 3: Philippine Industry and “
Made-in-the-Philippines Products Week
Last Week: Protection and Gender-Fair Treatment
of the Girl Child Week
Daily Observances:
March 8: Women’s Rights and
International Peace Day;
National Women’s Day
March 4: Employee Appreciation Day
March 15: World Consumer Rights Day
March 18: Global Recycling Day
March 21: International Day for the Elimination
of Racial Discrimination
March 23: International Day for the Right to the Truth
Concerning Gross Human Rights Violations
and for the Dignity of Victims
March 25: International Day of Remembrance of the
Victims of Slavery and the Transatlantic Slave Trade
March 27: Earth Hour
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