Squid price jumps on Chinese fishermen's overfishing

Wrapped squids are displayed at an outlet in Seoul on Oct. 21, 2016. The squid producer price posted 40,000 won (US$35.21) per 8-kilogram box as of Oct. 21, up 30 percent on-year, due to a sharp drop in catch despite the squid season. Chinese fishermen’s overfishing in the East Sea is the cause of the drop, fisherman said. (Yonhap)