Core Insights - The seafood market in Yantai has experienced a significant price adjustment following a drop in temperature, with prices notably lower compared to the National Day holiday period [1][3] Price Adjustments - The price of four-ounce hair crabs has decreased to approximately 50 yuan per pound, while larger crabs weighing one pound are priced around 130 yuan per pound [3] - Other crab varieties, such as flower crabs and red crabs, are more affordable, priced at about 35 yuan per pound [3] - Prices for other seafood types have also declined, with sea snails ranging from 10 to 28 yuan per pound, and large sea snails priced at 38 yuan per pound [3] - The price of blue shrimp remains stable at 23 yuan per pound, and scallops are attractively priced at "ten yuan for two to three pounds" [3] Market Analysis - The recent decline in seafood prices is attributed to seasonal factors, including increased catch volumes and sufficient market supply, leading to expectations of stable prices [3] - Industry experts highlight that this period is ideal for consumers to enjoy seafood, particularly as it coincides with the peak season for female crabs, which are rich in roe [3]

Core Viewpoint - The price of Chinese mitten crabs has significantly decreased this year due to a large supply from the East China Sea, with wholesale prices dropping to 15-16 yuan per jin, a reduction of about 50% compared to previous years [1][3][7]. Group 1: Price Trends - The wholesale price of mitten crabs has fallen to 15-16 yuan per jin, compared to 50-60 yuan per jin in previous years [1][3]. - In Shanghai, prices have also decreased, with customers reporting they can buy significantly more crabs for the same amount of money compared to last month [5][15]. - The average daily trading volume of mitten crabs at a major wholesale market has exceeded 100,000 jin [7]. Group 2: Market Dynamics - The high supply of mitten crabs has led to aggressive selling tactics, with vendors lowering prices significantly to clear stock [3][5]. - The market is experiencing a surge in demand, with many customers actively purchasing crabs despite the lower prices [11][15]. - The arrival of wild mitten crabs from offshore fishing has increased the variety and further reduced prices in markets [16]. Group 3: Regional Variations - In Ningbo, prices for newly listed mitten crabs range from 70 to 100 yuan per jin, influenced by the influx of wild crabs [16]. - In Chengdu, prices are reported to be between 50 and 80 yuan per jin, with vendors noting that the quality remains good despite the lower prices [15]. - The price variations across different regions highlight the impact of local supply chains and market conditions on crab pricing [9][16].