General
Cheap lobsters on offer for Christmas tables as prices plummet due to China import ban
Southern rock lobsters are set to feature on Christmas tables across Australia amid plunging domestic prices, fuelled by the nation’s growing trade tensions with China.
Key points:
- Southern rock lobster prices plummet as industry scrambles to find new markets
- Commercial fishers begin selling lobster at regional wharfs to keep income “ticking over”
- Industry raises fears China will not retreat from import roadblock amid trade tensions
Commercial fishers operating in Victoria, Tasmania, and South Australia are supplying record volumes to the domestic market after China’s ban on Australian live lobster imports.
With the crustaceans removed from restaurants and markets in China, seafood processors and commercial fishers are hoping the domestic…
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