Rocky Point Talk archive

$1,760,000 Tuna sale

Started by Roberto · Jan 5, 2013 · 3 replies
Roberto
TOKYO -- A bluefin tuna sold for a record $1.76 million at a Tokyo auction Saturday, nearly three times the previous high set last year – even as environmentalists warn that stocks of the majestic, speedy fish are being depleted worldwide amid strong demand for sushi.
In the year's first auction at Tokyo's sprawling Tsukiji fish market, the 222-kilogram (489-pound) tuna caught off northeastern Japan sold for 155.4 million yen, said Ryoji Yagi, a market official.
The fish's tender pink and red meat is prized for sushi and sashimi. The best slices of fatty bluefin – called "o-toro" here – can sell for 2,000 yen ($24) per piece at upmarket Tokyo sushi bars.
Japanese eat 80 percent of the bluefin tuna caught worldwide, and much the global catch is shipped to Japan for consumption.
The winning bidder, Kiyoshi Kimura, president of Kiyomura Co., which operates the Sushi-Zanmai restaurant chain, said "the price was a bit high," but that he wanted to "encourage Japan," according to Kyodo News agency. He was planning to serve the fish to customers later Saturday.
Mexico Joe
That's insane because on the show Wicked Tuna on NatGeo, the fisherman only receive $10,000 for a 600-800lb bluefin.
dirtsurfer
The price is only headed higher as the oceans increasingly become depleted. I am amazed at what is still produced and hauled from the oceans.
Stuart
Yup. They've been at it for years and will be the reason bluefin go extinct.

BLUEFIN TUNA FISHING AND JAPAN: BIG FISH, HIGH PRICES, QUOTAS, PROPOSED BANS, STOCKPILES AND BLUEFIN FISH FARMS - Japan | Facts and Details

Mitsubushi has been freezing and stockpiling them as an investment.

Mitsubishi hoards frozen bluefin tuna