News

Vietnam: The Chinese market eats lobster strongly

Fresh Common Lobster
Seafood
Vietnam
China
Published Mar 7, 2023

Tridge summary

Lobster price fluctuates Cam Binh commune (Cam Ranh city) is one of the main lobster farming areas in Khanh Hoa province. Currently, the whole commune has more than 400 rafts, about 15,000 cages with an output of about 300 tons/year, mainly green lobster. According to our records, from January 8, when China reopened the land border gate after 3 years of temporary closure due to the impact of the Covid-19 epidemic, the trading of fresh lobsters in the area of Cambodia Vibrant again. Especially near the Lunar New Year, the consumption demand of the Chinese market increases, businesses receive many orders, so they should step up the purchase of lobsters to supply. Meanwhile, according to lobster farmers, before January 8, when China did not open, the consumption of lobster was slow because it was mainly consumed domestically, there was a time when the price of blue shrimp dropped sharply to only 550. thousand VND/kg (type 3 fish/kg). However, from January 9 onwards, the price of blue lobster began to be purchased by traders inching up, sometimes up to 850,000 VND/kg.

Original content

Lobster price fluctuates Cam Binh commune (Cam Ranh city) is one of the main lobster farming areas in Khanh Hoa province. Currently, the whole commune has more than 400 rafts, about 15,000 cages with an output of about 300 tons/year, mainly green lobster. According to our records, from January 8, when China reopened the land border gate after 3 years of temporary closure due to the impact of the Covid-19 epidemic, the trading of fresh lobsters in the area of Cambodia Vibrant again. Especially near the Lunar New Year, the consumption demand of the Chinese market increases, businesses receive many orders, so they should step up the purchase of lobsters to supply. Meanwhile, according to lobster farmers, before January 8, when China did not open, the consumption of lobster was slow because it was mainly consumed domestically, there was a time when the price of blue shrimp dropped sharply to only 550. thousand dong/kg (type 3 fish/kg). However, from January 9 onwards, the price of ...
Source: Agriculture
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