Australian fishermen are delighted with the restart of lobster trade with China

I finally breathed a sigh of relief when I saw our hard-earned lobster enter the Chinese market again. For four years, we fishermen have been burdened with huge debts, but we are still persevering, and now we can count as waiting until the lifting of the ban. "In the coastal town of Lancelin in western Australia, local fisherman Clint Moss excitedly told Phoenix Weekly that he has started to develop business plans with other fishermen for next year.

"Without the Chinese market, the lobster that used to sell for 70 Australian dollars per kilogram fell to 15 Australian dollars at its worst, "Moss recalled.

In mid October this year, Australian Prime Minister Albanese announced that China would resume imports of Australian rock lobster by the end of the year. Starting from 2020, China has implemented a four-year ban on Australian lobsters, forcing Australia to find alternative buyers for 90% of its lobsters, resulting in seafood exporters losing over AUD 800 million annually.

Without the Chinese market, lobsters that used to sell for 70 Australian dollars per kilogram fell to 15 Australian dollars at their worst, "Moss recalled. In the first four months of this year, lobster exports from South Australia reached about 41 million Australian dollars, of which 24 million Australian dollars came from Hong Kong, China and 14 million Australian dollars came from Vietnam. In the future, as more Australian lobsters are sold to mainland China, some media predict that local lobster prices in Australia may rise.