echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Food News > Food Articles > Russian king crab flocks to South Korea, supply doubles, prices plummet

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

    • Last Update: 2022-05-14
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    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
     
      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
    .
    "
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.