Tag Archives: Roy Fralick
Coronavirus: Reverberations from COVID-19 reach Canada’s East Coast and its lobster fishery
Lobster fishermen, like Fralick, are facing a crunch. In the last month, the coronavirus epidemic in China has precipitated a drop in lobster prices. “It dropped from $10.50 all the way down to $6, and now it’s back up to $7,” says Fralick. “That takes all the profit out of it.” Quarantines and lack of restaurant traffic has slowed lobster demand from China. Customer orders have dried up. As a result, fewer cargo planes are making the trip. >click to read< 07:54
