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Lobster prices plunge, to fishermen’s chagrin

High volume catch creates bargain for consumers

ROCKPORT — Tumbling lobster prices have spurred a rush on the normally pricey seafood, from popular Boston waterfront spots like James Hook & Co. to weathered fish shacks to some grocery stores.

“We’ve been selling out every day,” said Brian Sansoucie, a supermarket manager on the North Shore. “Customers are thrilled, and we just can’t keep enough of them.”

Comments

So many pot bouys out there you can walk on them. Maybe this has something to do with the glut?

Let's see. The article states that demand is up 50% and that the price is down 33%. A little bit of math would indicate that lobster-men should be making a bigger profit than before.