Hong Kong hairy crabs are out of 'fever', and prices are falling dramatically in Vietnam

This year's hairy crab crop, massively exported to Vietnam, has caused prices to drop sharply. At present, traders often import live crabs to sell directly. Some places sell steamed crabs. Market surveys show that many online traders sell a hairy crab for only 70,000 - 90,000 VND. If bought by weight, each kg is only about 500,000 - 600,000 VND, 1/3 of the price compared to 2 years ago and only half of last year. This year, Mr. Hoang in District 5 (HCMC) has just sold Hong Kong fur crab for the first time. Every year, the wholesaler offers high prices, so he does not dare to sell. Currently, he sells for 90,000 VND per animal (100-150 grams) or cheaper, only about 70,000 VND if it is male. "With the same price as Vietnamese crab, consumers are willing to spend money. On normal days I sell 10 kg, and sometimes up to 30 kg on weekends," Hoang said. Mr. Long, owner of a seafood shop in Go Vap district, said that this crab is now imported in large quantity so there is no longer "price ...