Fisheries

'Crab fever' grips Russia fishing sector, but is it just 'irrational optimism'?

The country’s fishery agency is set to auction 37 crab lots, initial worth amounting to $3.7 billion.

“The growth in prices for crab lots is associated with the market value of crabs and an increase in the investment liability ratio from 0.25 to 0.6,” German Zverev, president of VARPE, said.
“The growth in prices for crab lots is associated with the market value of crabs and an increase in the investment liability ratio from 0.25 to 0.6,” German Zverev, president of VARPE, said.IntraFish
Ukraine crisisRussian Crab GroupKing crabSnow crabOpilio crab
Published 26 July 2023, 03:01Updated 26 July 2023, 07:15