Canned Abalone Is Cheaper Than Chinese New Year cookies! Insiders Reveal The Reason Behind It!

1 天前

Canned Abalone Is Cheaper Than Chinese New Year cookies! Insiders Reveal The Reason Behind It!

Canned Abalone Is Cheaper Than Chinese New Year cookies! Insiders Reveal The Reason Behind It!

By storyteller24

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We didn't expect that canned abalone has now become a more economical New Year gift than New Year cookies. A can costs only 9.9 yuan, which is even cheaper than New Year cookies!

Among the four major seafoods, abalone, sea cucumber, shark's fin and shark's fin, is considered the best seafood because of its scarcity and difficulty in catching. However, as the abalone farming industry grows, China has even developed it into the world's largest abalone farming country, causing the price of abalone to drop rapidly. It is no longer a precious ingredient that cannot be "paid for".

When Sin Chew Daily visited some seafood and herbal medicine stores in SS2 recently, it was discovered that with the Lunar New Year approaching, there are already a large number of canned abalones of different brands on the market. Not only are the choices diverse, but the prices are also very affordable, some even cost less than RM10, which is surprising.

Why is the sauce so cheap? Because of overproduction! Industry insiders revealed that the global proliferation of abalone farming has led to an overproduction of abalone, and the price of farmed abalone has become low, some of which are even cheaper than luncheon meat, New Year's cookies, oranges or abalone.

The proliferation of farmed abalone has also posed a certain threat to wild abalone and branded canned abalone, so the latter have been forced to lower their prices in order to compete in the market. In order to sell them, merchants have launched various discounts.

An industry insider revealed that compared with previous years, the price of canned abalone has dropped by about 15% to 20% in 2025, which can be regarded as the lowest in recent years.

Although canned abalone is available on the streets at low prices, consumers of branded canned abalone and wild abalone have clear requirements for quality and will not change their choices just because farmed abalone is cheaper.

Canned abalone is no longer a "luxury" that can only be eaten during festivals. Now some people use abalone to cook instant noodles and eat them as midnight snacks.

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