Russian Snow Crab Bids Drop 24% to $14 at Busan Auction
The second Russian Opilio snow crab auction in 2023 was recently held in Busan, South Korea. According to trading company sources, 335 tons of airblast frozen boiled sections (L to 4L size) were put up for bidding, and the winning bid was $13-14/kg, down 24 to 28% from the second auction last year. According to multiple people involved, the sales price in Japan is expected to be slightly above the 2,000 yen/kg ($14.39/kg) range for L size in a 5 kg box...
To Read Full Story Login Below.