Rock lobsters are expected to become available for the cheapest prices Victorians have seen in six years, with suppliers unable to export them to China. The delicacies are predicted to sell for as little as $70 per kilogram this month. That’s half of what they sold for two years ago and the cheapest price they have been in Victoria since 2015.
The forecasted price drop is expected due to limited air freight travel and China’s current import bans. With more than 90 per cent of Australia’s lobsters are usually exported, there will be a much larger supply on offer to Aussies. Rock lobster fisher Matthew Harry said the price drop should make lobsters an option for most dinner tables.
“It should be affordable for everyone in Victoria,” he said. “That’s what us as harvesters want to see realised.” Mr Harry said Victoria offered “the Ferrari of lobsters worldwide”. “You would not get a better lobster.” Demand for the seafood has already picked up following price drops, according to Jessica Schwarze from Schwarze Seafoods in Dandenong.