China suspended the import of Australian lobsters

In Australia, the price will fall from US$10 to US$20 per kilogram. China suspends the import of lobster from Australia, causing Australia’s lobster to lose a large price in the country. Australian media reported this morning that this year's Christmas, there are cheap lobsters on the seafood shop and on the customer's table.

According to reports, China is Australia's largest export market for lobsters. If Australia’s lobsters continue to be suspended from China, Australian lobsters will lose between US$10 and US$20 per kilogram.

The report quoted lobster sellers as saying that compared with a month ago, the price of lobster has been reduced by half, and may be reduced to the low price of 50 US dollars / kg.

The report pointed out that 80% of the lobsters caught in Australia are exported to Hong Kong, China, and then they will be sold to China, where the rich will pay for lobsters.

Australian media said that the Australian Federal Government informed its lobster exporters on Monday that because China is negotiating a free trade agreement with Australia, China temporarily bans the import of "stone lobsters" from Australia.

According to an analysis by related parties, China’s move is intended to crack down on those directly importing from Hong Kong to evade tariffs.

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