The days of cheap lobster are over. From Maine to Monterey Park, consumers are shelling out more for the delicacy.
Wholesale prices are up about 20% compared with last year's, said Chol Pak, president of Los Angeles-based Pacific Fresh Fish Co., which has sold seafood to restaurants in the L.A. area for 33 years.
His company sells Maine American Lobster for $8.95 per pound. Sales are down, he said, because that’s more than most of his buyers want to pay.
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