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Export trade of rock lobster on the west coast of South Africa suffers severe setback

Published Feb 16, 2021

Tridge summary

South African fishermen are seeking new markets for West Coast rock lobsters following a significant price drop due to China's import ban on South African lobsters. The export price of fresh South African rock lobster fell drastically from R340 per kilogram to below R120 soon after the ban. Pedro Garcia, founder of the South African United Fisheries Front, stated that the lobster industry is facing a serious disaster as it had relied heavily on the Chinese market.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

From SeafoodNews on February 10, South African fishermen are seeking new sales markets for West Coast rock lobsters. Since the outbreak, China has stopped importing South African lobsters, resulting in a substantial drop in prices. Since January 25 last year, before China stopped importing seafood The export price of fresh South African rock lobster was R340 per kilogram. Soon after China announced the import ban, the value fell below R120. Pedro Garcia, founder ...
Source: Foodmate
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