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Japan pays 20-30% higher prices for Canadian Gulf snow crab sections

Japanese buyers have shifted toward procuring Canadian snow crab more from the Gulf region rather than from Newfoundland and Labrador since the 2023 season 

By Masahiko Takeuchi | June 18, 2024 14:03 BST
Snow crab legs from Canada at a grocery store in Burtonsville, Maryland, on March 24, 2024. Photograph by Jason Huffman.
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Canadian crab processors and Japanese buyers have set the free-on-board (FOB) Halifax prices for Gulf of St. Lawrence (the Gulf) snow crab at between 20-30% more than seen in 2023, industry sources told Undercurrent News. [...]

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