Categories: Business

Tokyo auction sets $1.3 million price for 608-pound tuna, second highest in history

The top bidder at a Tokyo fish market said they paid $1.3 million for a tuna on Sunday, the second highest price ever paid at an annual prestigious new year auction.

Michelin-starred sushi restauranteurs the Onodera Group said they paid 207 million yen for the 276 kilogram (608 pound) bluefin tuna, roughly the size and weight of a motorbike.

It is the second highest price paid at the opening auction of the year in Tokyo’s main fish market since comparable data started being collected in 1999.

The powerful buyers have now paid the top price for five years straight — winning bragging rights and a lucrative frenzy of media attention in Japan.

“The first tuna is something meant to bring in good fortune,” Onodera official Shinji Nagao told reporters after the auction. “Our wish is that people will eat this and have a wonderful year.”

The Onodera Group paid 114 million yen for the top tuna last year.

But the highest ever auction price was 333.6 million yen for a 278 kilogram bluefin in 2019, as the fish market was moved from its traditional Tsukiji area to a modern facility in nearby Toyosu.

The record bid was made by self-proclaimed “Tuna King” Kiyoshi Kimura, who operates the Sushi Zanmai national restaurant chain.

During the Covid-19 pandemic the new year tunas commanded only a fraction of their usual top prices, as the public were discouraged from dining out and restaurants had limited operations.

cnbctv18-forexlive

newsnetdaily

Recent Posts

How Hannah Berner supports the BFF Paige desorbo after its breakup

As Bravo's alum joked, "I wear a handle now and that she keeps making fun…

6 hours ago

NATO ministers argue that Ukraine is involved in Trump -Putin – Politico peace talks

"You also forget to mention that (Trump) also had a long telephone call with President…

8 hours ago

Vincent Keymer Stunned Magnus Carlsen to reach Freestyle failures Weissenhaus Final: “ incredible realization ” – Firstpost

Vincent Keymer, who was from the D -GUKESH coache team during the 2024 world chess…

8 hours ago

Trump triggers American lawyer in the San Diego Tara McGrath region

The American lawyer in the San Diego region, Tara McGrath, was withdrawn from her role…

8 hours ago

Prices, trade and visas to dominate talks

Michael KugelmanForeign policy analystAFPNarendra Modi at the top of the action of artificial intelligence in…

9 hours ago

Nissan and Honda cancel the fusion of $ 50 billion

Nissan and Honda cancel their fusion of $ 50 billion "to prioritize decision-making speed," they…

9 hours ago