Optimism Abounds for Canadian Lobsters in China as Tariffs Drop
SEAFOODNEWS.COM [FishFirst] translated by Amy Zhong - July 5, 2018
Foreign suppliers in China are stocking lobsters, preparing for price increases soon, especially with the onset of China’s summer vacation. The prices of live Boston lobsters have already risen slightly in several main markets from June 16 to 23. For example, in Shanghai the price of live lobsters between 450g to 500g each rose from 67 yuan/jin (1 jin=0.5 kg; $20.20/kg USD) to 74 yuan/jin ($22.31/kg USD). Meanwhile, the price of ...
To Read Full Story Login Below.