No no no. They’ve got it all wrong! – East Coast CEO: US restaurants passing lower lobster prices to consumers

Lobster meat is going for reasonable prices to the consumer, particularly as the price of the raw material remains low again this year.Michael Tourkistas, CEO of US lobster firm East Coast Seafoods , is seeing reasonable mark-ups from restaurants. At casual dining restaurants, surf and turf plates are selling for under $15 a plate at restaurants such as Outback Steakhouse. [email protected]

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