China: The price of crayfish on the Internet has dropped to single digits, 20 yuan a pound is mainstream

Published May 6, 2022

Tridge summary

The article explores the significant decrease in crayfish prices in Nanjing, China, as the start of summer approaches, with prices dropping to around $20 per pound from previous highs of 50-60 yuan per catty. This price drop is due to an increase in crayfish farming, particularly in Zhejiang and Fujian, leading to a larger supply. Despite this, not all crayfish is selling well due to size issues. Furthermore, while fresh crayfish is becoming cheaper, the cost of lobster tails remains high at 216 yuan for 15 catties, indicating a gap in market prices. The article also highlights the logistical challenges and costs involved in transporting and cooking fresh crayfish, contributing to the price gap between wholesale and retail.

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

Original content

As soon as the beginning of summer arrives, the season that really belongs to "beer crayfish" begins. Whether it is a late night snack with friends or a small gathering at home, there must be a plate of crayfish. A few days ago, "the price of crayfish in many places is diving close to single digits". On the hot search, is crayfish really so cheap? The reporter visited Nanjing vegetable farms, supermarkets and restaurants specializing in crayfish, and found that the price of crayfish is indeed relatively low, but only the wholesale market can get 10 yuan per pound of crayfish for a large number of purchases, and the price of crayfish on the market per pound Around $20. Yangzi Evening News/Ziniu News reporter Liu Liyuan Three or four dollars of small shrimp sells for 22 yuan per catty "Don't look at it's size, but it's a green-shelled shrimp with thin skin and lots of meat!" At a seafood stall in the Gulou Street vegetable market, there were three large pots of crayfish, all of ...

Source: Chinaeconomy