Once the Fish and Game Department's crabbing ban is officially announced, it will undoubtedly be a devastating blow to the entire crabbing industry.
The crabbing business has now formed a vast industry chain.
It involves numerous boat owners, crew members, distributors, and related processing companies.
And this ban is like a bombshell, enough to instantly throw the entire industry chain into chaos.
Currently, some clear signs have already appeared on the market.
Quite a few boat owners have already gotten the news through private connections and have begun selling off their crabbing boats within their circles.
They are eager to liquidate their assets to avoid even greater losses during the ban.
Meanwhile, the market prices for snow crab and Emperor Crab are also climbing, like a harbinger of the coming storm.
Alvin predicted that by the beginning of next year, crab prices would very likely reach an all-time high.
