Russia: Crab Prices Fell by 50% This Year Due to Oversupply
Prices for crab in Russia fell by almost half this year due to its oversupply, according to recent statements made by representatives of some leading Russian crab producers and local media.
As Alexander Sapozhnikov, Director General of the Russian Crab group of companies, one of Russia’s leading crab producers, said in an interview with local TASS newswire, crab prices in Russia fell by 40-50% in annual terms this year. He clarified, however, that the situation with the decline of crab prices is observed also in the global scale...
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