ANALYSIS: Snow Crab Market Continues to Weaken in mid-March
The Canadian snow crab market continues to see significant downward pricing pressure across all sizes. Post Seafood Expo North America, many market participants report sales activity and offers from previous season’s product remain active. All is matched with a mixed demand picture.
Looking at the import levels, if we observe April-January, we’ll see an increase in imports year-to-year, but when looking at 2021-2022 versus 2022-2023, we notice the latter is lagging around 2.5 percent. With...
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