Lobster
Price movements
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Lobster, American Hard, 1¼ lbs. Quarters, FOB New England
Month-on-month Change
Year-on-year Change
Lobster, American Hard, 1½ lbs. Halves, FOB New England
Month-on-month Change
Year-on-year Change
Lobster, American Hard, 1½ lbs. Halves, FOB Mid-Atlantic
Month-on-month Change
Year-on-year Change
Lobster Tails, American, 8-10 oz.
Month-on-month Change
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Market watch:
- Live Lobster Market Remains Firm as Tight Supply, Shifting Canadian Season Shape Outlook
As the lobster market approaches the Canadian spring season, pricing remains firm during what is typically one of the tightest supply periods of the year. Seasonally limited net supply continues to support both shore prices and wholesale market values. However, the current firmness appears to be driven more by supply constraints than by demand strength. With the holiday pull behind the market, buyer participation remains subdued, and the overall trading tone remains cautious despite limited availability. This firm supply backdrop is reflected in New England 1 1/4 lb. quarters, currently trading around $15.00/lb. Prices are broadly in line with 2025 levels and remain approximately 4.5% above the five-year average, indicating that the market continues to hold at elevated levels despite softer demand signals.
- China’s North American Lobster Imports Show Early-Year Decline
The latest GACC (General Administration of Chinese Customs) import figures show that volumes of Homarus Americanus entering China fell year‑over‑year in January–February. Two years ago, combined January–February imports stood at 6,427 metric tons (MT); they dropped by 7.1% in 2025 and declined by a further 18.1% in 2026 to reach 4,889 MT. In USD value, this translates into a 12.3% decrease last year, followed by a 21.1% fall year-over-year for the first couple of months. Over the full year 2025, import quantities declined by 28.2%, primarily due to the 25% duty China imposed on Canadian seafood. However, this situation has since changed: the tax was removed on March 1, 2026. As a result, import data over the next two quarters will be crucial to determining if Canadian exports to China rebound, considering competition from Vietnam’s rock lobster.
Lobster
Price forecast
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