A price hike of sardine products is expected. This is because of the fishing ban. There will be a shortage in supply when this happen.
Zamboanga is the sardine capital of the Philippines. About ten sardine brands come from this area. The Bureau of Fisheries and Aquatic Resources is going to close the fishing season for Tamban fish this coming November. One month earlier than the expected December schedule. The bureau added that it is necessary to allow spawning. The schedule is earlier due to climate change.
Sardine processing plant should stock more Tamban fish to sustain steady supply. When the price hike happen, people will buy more instant noodles and buy less sardines.
update as of august 18, 2011
Some of the Sardine manufacturing companies have already raised their prices before the early closing of fishing season. The common price hike is 0.20 to 0.40 centavos per can.