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Lobster prices hold steady as demand wavers in US, rises in China

As lobster manufacturers recover from a product shortage following a cold winter which forced a late start, increased demand in China maintains the high prices even as demand in US begins to fall

By Ola Wietecha | Sept. 14, 2015 15:16 BST
Thai Union’s COSFF joins MSC Maine lobster group
Maine lobster. Photo: Dana Moos
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Despite the annual post-Labor Day slowdown in US demand for lobster, high prices, initially caused by a shortage of product after a harsh winter, are unlikely to start dropping anytime soon, bolstered by the growing Chinese demand [...]

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