Monday, November 17, 2008

Crustacean recession

It has emerged, the credit crunch is having a negative effect on Scotland's prawn fishing industry at a time traditionally known for high prices. There is uncertainty over sales as households in Ireland, the UK and throughout Europe spend less. Continental Europe represents more than 80% of the market. Demand for prawns and other shellfish normally increases in winter because catches are limited by bad weather coupled with customers who want the seafood for the festive season. The situation is affecting sales in prawns, scallops, crab and lobster.

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