Southern Rock Lobster Prices Finally Bounce Back Amid Demand From China

Lobster fishers in southern Australia are breathing a sigh of relief, with rock lobster prices hitting five-year highs amid renewed demand from China.
Southern rock lobster fishers have been paid up to $125 per kilogram in the opening month of the South Australian Southern Zone season, the strongest price since China imposed an unofficial ban on Australian lobster exports in late 2020.
While the trade restrictions were lifted last year, this season is the first fishers have been back in the market for the Chinese...
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