Tuna Fish Sold at P32 Million

Started by pioneer, January 08, 2012, 06:52:34 AM

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pioneer


Tuna Fish Sold at P32 Million
by Associated Press

This tuna is worth savoring: It cost nearly three-quarters of a million dollars.

A bluefin tuna caught off northeastern Japan fetched a record 56.49 million yen, or about $736,000, on Thursday in the first auction of the year at Tokyo’s Tsukiji fish market. The price for the 593-pound (269-kilogram) tuna beat last year’s record of 32.49 million yen.

In pesos, that’s P32,479,680 based on a conversion rate of P44.130 to $1.

The price translates to 210,000 yen per kilogram, or $1,238 per poundâ€"also a record, said Yutaka Hasegawa, a Tsukiji market official.

Though the fish is undoubtedly high qua
lity, the price has more to do with the celebratory atmosphere that surrounds the first auction of the year.
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