Virus Makes Lobsters So Cheap That Sellers Face a Fatal Blow

  • Prices tumble as flights to top-buyer China stop amid outbreak
  • ‘I’m about to lay off most of my employees,” one seller says
Lobster Market Feels Pinch of the Coronavirus

The coronavirus outbreak is turning one luxury treat reserved for special occasions into a meal bargain hunters can afford.

U.S. lobster prices have plummeted to the lowest in at least four years after the spread of the virus halted charter flights to Asia at a time when sales usually boom for Chinese New Year celebrations.