Bid Price for Frozen Russian Opilio Weakening by 10% at Busan Auction
According to a report in the Minato Shimbun, the third bidding of the year for new frozen opilio snow crab (from the Russian Far East took place on November 6th in Busan, South Korea. According to multiple trading companies, 32 tons of air-blast frozen boiled sections produced in October were up for bid. The winning bid (single price for L-4L sizes, EXW Busan) is expected to be $19.7-19.8/kg, 10% lower than the second auction. Many Japanese trading companies were unsure of the identity...
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