Core Insights - The seafood wholesale market in Jinan has seen a significant drop in shrimp prices since July, with prices for various shrimp types reaching their lowest levels of the year [1][3] - The increase in supply from major domestic production areas and the onset of summer demand have contributed to the favorable pricing and high sales volume [3][5] Price Trends - The price of Chinese white shrimp is currently at 65-70 yuan per jin, which is nearly half of its peak price of 150-200 yuan per jin earlier in the year [3] - Fresh live shrimp prices have decreased to 22-25 yuan per jin from an initial price of 30-40 yuan per jin, reflecting a drop of about 10 yuan [1][5] Sales Volume - The daily sales volume of both Chinese white shrimp and fresh live shrimp in the market can reach over 10,000 jin, with individual vendors reporting sales of over 1,000 jin per day [3][5] - A vendor noted that their stall can sell up to 2,000 jin of fresh live shrimp daily, indicating strong demand during the summer season [5] Market Dynamics - The seafood market is experiencing robust demand due to the summer season, with night market operators increasing their procurement of fresh live shrimp [5] - The current prices for other seafood, such as Australian lobster at 220 yuan per jin and river shrimp at 18-25 yuan per jin, remain stable and popular among consumers [8] Future Outlook - The seafood market may experience a temporary price drop after the end of the closed fishing season, which lasts from May 1 to August 16 [8]