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Russian king crab flocks to South Korea, supply doubles, prices plummet

 Last Update: 2022-05-14
 Source: Internet
 Author: User

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Reuters reported that since the Ukraine war, a large number of Russian king crabs have poured into South Korea, and the price has nearly halved
.
Some consumers said the price drop was important to boost consumption, while others said South Korea should boycott imports in protest over the war in Ukraine
.

The United States, the European Union and some other countries have successively announced bans on Russian crab imports.
Since late February, the price of Russian king crab and slightly smaller snow crab on the Korean market has dropped by nearly half
.

According to data from Noryangjin Fisheries Market, one of the largest seafood markets in South Korea, the price of live crabs in Russia fell from KRW 50,000/kg in mid-February to KRW 23,000/kg at the end of March, during which time the supply in the Korean market doubled.
times more
.

Some consumers said: "I hope South Korea can introduce more Russian seafood to further reduce the price
.
"

　　But there are also calls for the South Korean government to impose sanctions on Russia to ban crab imports
.
"We shouldn't be importing Russian crab, it's not even a necessity
.
Russia has waged a senseless war against Ukraine and we should join the boycott
.
"

price consumer imports

　　Some consumers said: "I hope South Korea can introduce more Russian seafood to further reduce the price
.
"

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