ANALYSIS: King Crab Demand Improving During Pandemic
Upward pricing pressure continues to mount as supplies in the market for king crab remain extremely tight and inventories very thin. Supplies around the world are very light and reported demand continues to be insatiable.
Imports released for August 2020 show a year-to-date slight decrease overall for king crab and more specifically a 0.6 percent decrease out of Russia, the dominant supplier of king crab to the U.S. market. Looking further at the breakdown between red, blue, and golden king crab from Russia...
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