Historical low price for rock lobster in Australia
Fresh Common Lobster
Australia
Regulation & Compliances
Market & Price Trends
Jose Salman
Published Feb 3, 2021
Western rock lobster in Australia has now reached and historial minimum price of up to 40% less of its 5-year average price. As lobsters were banned into China (more than 90% export share), exporters have seen themselves forced to make the price more competitive with the intention to open new market routes.
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