ANALYSIS: Norwegian Red King Crab Slides From Record Territory as US Retreat Deepens

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For most of the first half of 2026, Norwegian red king crab appears to have traded near record territory in the US market. That run now seems to have ended. Across every size grade Expana tracks, ex-warehouse prices have reportedly been sliding since late summer, with the pace of decline apparently accelerating through October. Expana's market commentary has repeatedly described it as a "broad-based retreat" — or, more precisely, "a broader, measured retreat rather than a sharp correction...

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ANALYSIS: Norwegian Red King Crab Slides From Record Territory as US Retreat Deepens

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