Seafood prices fell by up to a third yesterday following the ending of a two-month fishing ban in the South China Sea. The mainland Agriculture Ministry imposed the ban to replenish dwindling stocks which had become depleted due to overfishing and illegal fishing methods. A $65 million loan was granted to 1,350 fishermen to help them through the period. Democratic Alliance for the Betterment of Hong Kong legislator Tam Yiu-chung, who accompanied fishermen back to the South China Sea over the weekend, described their catch as 'splendid'. Fish stall vendors at Mongkok market said the increase in seafood supplies allowed them to lower prices, in some cases by as much as a third. 'There is an increase in terms of quantity and quality. But we need to wait for a week or so to see the long-term effect as the fishing ban was just lifted,' said Keung Wan-kin, 40, vendor at the Man Fat Fish Stall. Seafood restaurants said they would have special offers for customers because of the increased supply. 'We started to offer Tungsing garoupa at a discounted price today, as we have received good stocks from local fishermen,' the manager of the Hanpo Restaurant in King's Road, North Point, said. 'Our seafood supply is not limited to any single source,' he said. 'We can always get fish from somewhere else. 'But it is good for us if local fishermen enjoy a good harvest. That means we will have cheap and fresh seafood.' Customer Ah Fung said: 'I don't think I will change my diet because of the price of certain food. 'But, of course, I am happy if the price of seafood is lower.' Mr Tam said the Government should help local fishermen to build up the fishing industry in distant fishing grounds as resources in the South China Sea were limited. He said as this was the first year the Chinese Government had imposed the ban local fishermen had been ill-prepared. 'They had some hard times earlier on but next year the situation should be better.'