Chinese buyers snapped up more than 140,000 live Canadian lobsters within 24 hours last week through a Beijing-based online retailer, and the demand can only grow, says a New Brunswick supplier. Restaurant owners and home chefs alike hold Canadian lobster in high regard, so much so, they are willing to pay a heavy premium on shipping, he said. Live lobsters are prepared to ship out of Bay Shore Lobster Ltd.'s Back Bay plant. "We have 1.4 billion people, and the live lobster market is only open to about five per cent of the main country now," he said. Rapid growthChina is the second biggest importer of Canadian lobster next to America.

Source: CBC News July 20, 2017 20:03 UTC