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DELIVERY RUSH FOR CNY
Abalone prices down, but vegetable and fish prices soar
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Mr Cyrus Yap, from seafood wholesaler Sin Ocean, said the price dip for abalone was also due to an oversupply in abalone factories in China.
ST PHOTO: ALPHONSUS CHERN
Abalone prices have dropped by 5 per cent to 30 per cent during this Chinese New Year period, said wholesalers.
They told The Sunday Times this was due to Singaporeans' low spending power during the coronavirus pandemic as well as an oversupply of stock in China.
