08-09-2005, 06:07 PM
Join Date: Oct 2004
Originally Posted by grandmasterofpool
Most everyone I know of that has them has paid the premium price that they go for in order to obtain them. The prices will come down eventually, but you may have to wait a year or two.
I paid the price because I really wanted crystal reds bad. In fact, I was "shaking the tree" so hard looking for some that I ended up finding two sources (and buying from both). I predict we will see their prices go down in about a year. Just as the price of cherry shrimp had declined from last summer to this summer the crystal reds will come down as more people who have aquired them are able to breed them. I don't see them going to $1 each like the cherries but I can see them at around $5 next summer.
Another example is tiger shrimp. I am having no problem at all selling them for $3 and probably could get more if I was greedy. Again, by next summer, though, all the people I have sold tigers to will be selling them also. Its basic economics, if supply increases and demand stays the same the price will fall.
Finally, my $5 prediction applies only to lower grade crystal reds. The top CRS go for unbelievable prices in Asia and it is my opinion that these are not the shrimp we generally see in the USA.