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Slowing Chinese lobster demand, anticipated early season likely mean more conservative pricing

High lobster prices have been bolstered by rapidly-growing Chinese demand, but the trend seems to be slowing down

By Ola Wietecha | March 22, 2016 17:33 GMT
Red lobsters
Lobster. Photo: Henry Zbyszynski
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Lobster prices have fallen significantly after anticipation of continued strong growth in Chinese demand failed to come to fruition, with some industry executives expecting more conservative pricing for next season [...]

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