Increasing Prices of Blue Swimming Crabs in Indonesia in W9

In Indonesia, blue swimming crab prices continue to show an upward trend in W9. This increase was driven by a decline in supply, while the demand for crab meat products from the export market increased. Prices are expected to continue rising until March or April 2023 at a range of about 10% each week. However, producers continue to resist imports since the cost of imported frozen crab is still more expensive than the price of local crab. The reference prices for W7-W9 stood as follows:

W7: USD 16.36/kg (IDR 250k/kg)
W8: USD 17.66/kg (IDR 270k/kg)
W9: USD 19.63/kg (IDR 300k/kg)