Improves lobster value in Mexico; reaches more than 40 dollars

Published 2020년 10월 21일

Tridge summary

The Federation of Fishing Cooperatives of Baja California has successfully prevented a drop in lobster prices in October, despite the Covid-19 pandemic's impact on China's seafood market. The lobster catch, known as one of Baja California Sur's most profitable activities, sees between 1,000 and 1,300 tons extracted and exported to China annually. Meanwhile, the Loreto-Santa Rosalía corridor's fishermen are recovering, with the market showing favorable prices for red snapper and cabrilla, thanks to a high-quality product demand from the United States. The fishing method in the Gulf is considered artisanal and sustainable, with a market-driven origin.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

ELIAS MEDINA. THE SOUTH CALIFORNIAN. They do not rule out a drop in price and catch volumes for the next few weeks. LA PAZ, Baja California Sur. (OEM-Informex). As a result of a good market strategy of the Federation of Fishing Cooperatives of Baja California, to which most of the organizations in the northern Pacific area are affiliated, from Isla Natividad to San Juanico, the price of lobster did not plummet in October, as happened cyclically in previous seasons, when the harvest began in zone 2, which includes the Cooperatives of Bahía Asunción, La Bocana, Punta Abreojos, Laguna de San Ignacio, Las Barrancas and San Juanico. However, in China - the country to which almost all of the production is exported, the market is still contracted due to the effects of the Covid-19 pandemic and that the cooperatives in Zone 1 placed their product at prices of between 35 and 40 dollars, in the first tides of Zone 2 the price has been maintained at 40 dollars, with some shipments at 50 but ...

Source: Inforural