Japan tuna price soars past $270,000 at New Year auction
Excerpt
The top-selling tuna at Tokyo's traditional New Year auction sold for more than $270,000 on Thursday, nearly double last year's price, breaking a pandemic trend of slumping demand. Michelin-starred sushi restaurant Onodera Group and Japanese wholesaler Yamayuki forked out 36.04 million yen ($273,000) for the 212-kilo bluefin tuna in the auction at Tokyo's Toyosu fish market. The figure was still only a fraction of the 2019 record price but marks a recovery for the symbolic auction after three years in which prices slumped.
Citation
Japan tuna price soars past $270,000 at New Year auction. (2023, January 6). Manila Bulletin, p. 4.
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