Tuna sells for record $55,700 in Japan
Sunday, 6 January 2008
TOKYO, Jan 05 (AFP): A Hong Kong sushi restaurant owner today paid a record 55,700 dollars for a massive bluefin tuna in the first auction of the year at the world's largest fish market in Tokyo, an official said.
The 276-kilogramme (607-pound) bluefin tuna-caught off Japan's northern region of Aomori-sold for 6.07 million yen (55,706 dollars) or 22,000 yen (about 202 dollars) per kilo.
A Hong Kong-based sushi restaurant chain owner made the highest bid.
Prices of tuna caught overseas were on average 20 to 30 per cent higher than the previous year as imports of cultured tuna from Mediterranean countries including Croatia and Spain have dropped sharply, Kyodo News said.
The record prices come amid a decline in tuna supply due to tighter international controls on the catch for bluefin tuna.
Japan, which eats a quarter of the world's tuna, is moving towards limiting bluefin tuna fishing in its own waters in a bid to help protect the species from extinction.
The Tsukiji market sold a total of 2,904 bluefin tuna or 176.6 tonnes Saturday, down from 3,268 or 178.6 tonnes at last year's opening auction.
Japan reached an agreement in January 2007 with the European Union to slash its tuna quotas by more than 20 per cent.
The 276-kilogramme (607-pound) bluefin tuna-caught off Japan's northern region of Aomori-sold for 6.07 million yen (55,706 dollars) or 22,000 yen (about 202 dollars) per kilo.
A Hong Kong-based sushi restaurant chain owner made the highest bid.
Prices of tuna caught overseas were on average 20 to 30 per cent higher than the previous year as imports of cultured tuna from Mediterranean countries including Croatia and Spain have dropped sharply, Kyodo News said.
The record prices come amid a decline in tuna supply due to tighter international controls on the catch for bluefin tuna.
Japan, which eats a quarter of the world's tuna, is moving towards limiting bluefin tuna fishing in its own waters in a bid to help protect the species from extinction.
The Tsukiji market sold a total of 2,904 bluefin tuna or 176.6 tonnes Saturday, down from 3,268 or 178.6 tonnes at last year's opening auction.
Japan reached an agreement in January 2007 with the European Union to slash its tuna quotas by more than 20 per cent.