date:Apr 03, 2013
tores. Praised for their apparent medicinal properties, sea cucumbers have become a sought-after commodity in China, yet leading cultivators have struggled in 2012 with falling prices. Headquartered in the coastal city of Weihai, Shandong Homey Aquatic Development Co in 2012 processed 2,928 tons of sea cucumber, compared to 2,282.7 tons in 2011. Yet prices slipped over 10 percent to CNY 167 (USD 27, EUR 21) per kilo, according to the firms own results filings. Homey has attempted to increase its