South East lobster prices take plunge

PRIZED CATCHES: Sky Seafoods’ David and Andrew Lawrie display live lobsters which are destined for the export market.

PRICES for lobster have plunged by $45 per kilogram since near-record highs at the start of the season on October 1.

Volatility in prices is common at the start of each season due to market forces at work, while catch rates have been pleasing.

Robe-based fisher Steve Zadow told The Border Watch

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