Ecommerce Companies Drive Prices of Lobster in China Down to Unbelievable Levels
SEAFOODNEWS.COM [Eastay.com] Translated by Amy Zhong June 13, 2017
A price war is breaking out over ecommerce lobster sales in the Province of Ningbo, directly south of Shanghai. As new entrants come on board, they are offering lobsters at lower prices than in the US, and with free delivery to the customer's home. This cost appears to be unsustainable, but a new importer, iseafoods.cn, is making this offer. Their prices are about 66% of Chinese supermarket lobster prices...
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