How do artisan fishermen navigate fluctuations in market prices for their catch?
Artisan fishermen must navigate fluctuations in market prices for their catch, which can impact their profitability. One strategy is to diversify the range of fish caught, so that changes in the price of one species do not affect the overall income. Fishermen may also negotiate directly with buyers to secure better prices or form cooperatives to collectively bargain with buyers. Some fishermen may also focus on high-value fish species or develop value-added products to increase the price of their catch. Finally, fishermen may need to adjust their fishing practices or expand into new markets to adapt to changing demand and price fluctuations.