Abalone Sales Dive in Pandemic-hit Market
Esperance’s first abalone producer is grappling with a downturn in global demand for the high-end seafood during the coronavirus pandemic.
Ocean Grown yesterday revealed the impact of COVID-19 had driven prices lower and reduced demand for Australian exported seafood in its target markets — primarily South-East Asia and Hong Kong.
June’s quarterly report revealed the green-lip producer’s sales for the three months to the end of June were 48.4 tonnes, down 8.5 per cent from 52.9 tonnes in the corresponding quarter for the 2018-19 financial year...
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