ANALYSIS: Spread Between King and Snow Crab Highest Ever
Both the Russian red king crab and Canadian snow crab markets are achieving all-time highs. 20-24 red king crab are 64 percent higher than the 3-year average, and 5-8s out of the Gulf are 69 percent higher than the 3-year average.
However, the high price levels are not the only area seeing all-time highs. The spread between king crab and snow crab is also at all-time highs. The spread in 2021 is currently 22 percent higher than the same time last year in 2020...
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