Jane Chen / Shanghai Daily news
Hairy crabs, favorite food on local dinner tables in autumn, will likely
become a cheap treat this year, as the prices are expected to hit the record low
because of oversupplies, today's Oriental Morning Post said.
Citing data from
Shanghai Fishery Trade Association, the report said crabs from the nearby areas
of Jiangsu, Anhui and Hubei provinces had hailed to Shanghai before the National
Day holiday and the total supplies on October 1 increased 10 percent to 480 tons
at major local fishery markets.
Sales also increased during the holiday and
reached 2,375 tons in total, an increase of 8 percent. Despite that, the
sales growth is lower than the supplies increase and resulted in prices plunges.
The prices were 10 percent lower year-on-year, and even lower than those in
the Mid Autumn Festival of two weeks before, according to Dai Honggen,
information dean of Tongchuan Fishery Market.
The Tongchuan market handles 60
percent of the city's crab trade. Compared with the peak of 38-40 yuan
(US$4.7-4.9) per gram, the wholesale price of a crab of about 200 grams was
32-35 yuan on October 5 and slid to 25-26 yuan yesterday, Dai noted.
"The
price will go on dropping, though the good time has just come for good taste of
crabs," Kong Qingyuan, chairperson of the fishery trade association,
forecast.
The sales are shrinking. The daily trade declined to below
200 tons yesterday from 300 tons on October 5 and over 450 tons during October 1
to 3.