Declining Prices of Blue Swimming Crabs From Bahrain in W9 Due to Low Demand

Bahrain's providers of blue swimming crabs have excess inventory due to the low global demand in W9. Moreover, exporters have begun lowering prices to clear their supplies since export will not be possible from May 15, 2023, unless the catching ban in Bahrain is lifted. W9 saw a price decrease in the range of 0.25-0.50/kg of crabs if compared to the prices in W7-8. Before the ban starts, the lower prices are likely to draw in fresh orders from the markets in the Far East and Southeast Asia.