ANALYSIS: North American Lobster Market Update – Live and Tail Prices Elevated, Meat Surging
The live market is following typical behavioral patterns with a somewhat subdued tone, as domestic buyers remain reserved ahead of the holiday season. However, this autumn has seen an unusual shift: Chinese buyers exhibited less demand than usual during the Mid-Autumn Festival. Not only were sales volumes lower, but there was also a noticeable preference for smaller, more economical-priced lobsters— chicks, quarters, and halves—over the traditionally favored larger select lobsters. Both U.S. and Chinese markets are showing clear price sensitivity to...
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