Why did the price of Ca Mau's Nam Can crab drop so much? Is it simply because people are vegetarians?

According to information from the Department of Agriculture and Rural Development of Ca Mau province, on August 21, the price of Nam Can square bib crab at the market fluctuated from 230,000-300,000 VND/kg; Nam Can y crab weighing over 0.5 kg each cost from 230,000-300,000 VND/kg; Nam Can roe crab sold at the market cost 450,000-500,000 VND/kg.

The price of crabs at markets in Ca Mau province has dropped sharply because people often eat vegetarian food in July. Photo: TRAM NGHI.

Besides, commercial black tiger shrimp (iced), 20 pieces/kg, costs from 205,000-210,000 VND/kg; commercial black tiger shrimp (iced), 30 pieces/kg, costs from 150,000-155,000 VND/kg.

As for commercial black tiger shrimp (iced), 40 pieces/kg, the price ranges from 120,000-125,000 VND/kg.

Mr. Nguyen Van Huong, Lam Hai commune, Nam Can district, Ca Mau province said that for more than a month now, crab prices have dropped sharply.

If before, the price of male crab was about 300,000 VND/kg, now traders buy it for 230,000 VND/kg; the price of female crab is 130,000 VND/kg, a decrease of 60,000-80,000 VND/kg compared to last month.

Mr. Huong informed that because people usually eat vegetarian food in the 7th lunar month, the price of crabs decreases. Traders said that the price of crabs may increase again after the Mid-Autumn Festival (15th of the 8th lunar month), which is around mid-September.

Source: https://danviet.vn/tai-sao-gia-cua-nam-can-cua-ca-mau-giam-manh-don-gian-la-do-dan-an-chay-thoi-20240823220910019.htm