Japan tuna price soars past US$270,000 at New Year auction

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TOKYO, Jan 5 — The top-selling tuna at Tokyo’s traditional New Year auction sold for more than US$270,000 (RM1.19 million) on Thursday, nearly double last year’s price,...

TOKYO, Jan 5 — The top-selling tuna at Tokyo’s traditional New Year auction sold for more than US$270,000 on Thursday, nearly double last year’s price, breaking a pandemic trend of slumping demand.

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. “We have had years of gloom . I hope that we can deliver happiness to everyone by using opportunities like this.”

 

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