Break out the bib: Lobster’s for dinner.
With the price of the seafood delicacy getting rocked by the COVID-19 outbreak, this luxury treat has been transformed into more of a bargain bite.
Lobsters that used to get shipped to Asia on charter flights for Chinese New Year celebrations have been grounded by the rise in coronavirus cases as droves of people fearful about the outbreak canceled restaurant reservations.
With the marooned lobsters pouring into North American markets, prices have sunk to the lowest level in four years, according to Bloomberg.
One country’s loss is a boon for American consumers who are snapping up bargain lobsters from fishmongers.
“We were able to offer a product that we normally weren’t able to because it was too expensive,” says Casey Peterson, COO of Giovanni’s Fish Market and Galley in Morro Bay, California. “The prices went down a lot, so we’re able to offer it at a much cheaper price,” Peterson added.
The Northern California fish market usually sells California spiny lobster for $40 per pound. Now, customers can buy the state delicacy for half the price at $19.99 per pound.
The West Coast, which ends its lobster season in Mar. 15. The east coast ended its lobster season in December.
At least 101,601 cases of COVID-19 have been reported globally, according to John Hopkins University.
The U.S. has confirmed 241 cases of COVID-19 after Colorado, Maryland, Nevada and New Jersey reported their first encounters with the infection on Thursday.
Follow Coral Murphy on Twitter @CoralMerfi