Photo: Bluefin tuna sells for record $1.76 million in Japan

mongabay.com
January 05, 2013



Watermelon
Kiyomura Co. president Kiyoshi Kimura with a 222-kg tuna caught off Oma in Aomori prefecture in northeastern Japan. Photo: Shuji Kajiyama / AP.

A bluefin tuna sold for a record $1.76 million at an auction in Tokyo, Japan Saturday, reports the Associated Press.

In the first auction of the 2013 at Tokyo's Tsukiji fish market, a 222-kilogram (489-pound) sold for 155.4 million yen, or $3,603 per pound. The total price is nearly three times the previous record of 56.4 million yen, which was set last year. In both cases the top bidder was Kiyoshi Kimura, president of Kiyomura Co., which runs the Sushi-Zanmai restaurant chain.

The first auction of the year is generally viewed as a publicity stunt, with the first fish fetching a price far above the normal market rate. Nonetheless, the rising price of bluefin tuna reflects the increasing scarcity of the species, which environmentalists say is being overfish for Japan's sushi demand. About 80 percent of the world's bluefin tuna catch ends up in Japan.

According to the International Commission for the Conservation of Atlantic Tunas (ICCAT), global bluefin tuna stocks have plunged in recent decades, with the population in the Eastern Atlantic dropping 72 percent and the Western Atlantic 82 percent. The population of the Southern Bluefin is down by roughly 95 percent. Other tuna stocks have also fallen significantly since 1990.

Marine conservationists say rising prices only increase pressure on wild tuna.

The $1.76M tuna
The $1.76M tuna. Photo: Shuji Kajiyama / AP.















Related articles

World's most expensive tuna

(01/05/2012) A 593 pound Pacific bluefin tuna sold for $735,000 (56.49 million yen) in Tokyo's Tsukiji market today. This beats the previous record price hit last year by over $260,000. Why so expensive? Bluefin tuna, considered the best sashimi and sushi in the world, have been fished to near extinction with the population of the Pacific bluefin the most stable to date.


Fishing industry exceeds Atlantic bluefin quota by 141 percent

(10/18/2011) In 2010 the fishing industry exceeded its quota of eastern Atlantic bluefin tuna (Thunnus thynnus) by 141 percent, according to a new analysis by Pew Environment Group. The analysis depends on official data, thereby leaving out the massive black market on Atlantic bluefin tuna.


Japanese firm is deadliest for marine life, says Greenpeace

(01/10/2011) Greenpeace has ranked the canned tuna corporation Princes as the most environmentally damaging tuna brand in the U.K., citing that the Japanese company uses destructive fishing methods and that its claims of sustainability are blatantly untrue.


Bluefin tuna gets record price ($396,000) at Japanese auction

(01/06/2011) On Tuesday, a 752-pound Pacific bluefin tuna was sold at Japanese auction for the highest price ever received for raw seafood - $396,000. The price tops the previous record by more than $100,000 and comes at a time when tuna populations around the world are experiencing precipitous declines.


Fisheries commissions' ability to manage diminishing tuna stocks called into question

(12/31/2010) During a meeting earlier this month, the Western and Central Pacific Fisheries Commission (WCPFC) disregarded appeals from the EU and Japan, as well as from Commission scientists, calling for a substantial and immediate reduction in catch rates of bigeye and yellowfin tuna in response to diminished stocks. An earlier meeting of the International Commission for the Conservation of Atlantic Tunas (ICCAT) resulted in only cosmetic cuts to Atlantic bluefin quotas, calling into question the ability of the global system of Regional Fisheries Management Organizations (RFMOs) to prevent overfishing.


Thousands pledge to boycott restaurants serving bluefin tuna

(12/01/2010) So far over 14,000 people have pledged to boycott eating bluefin tuna or visiting any restaurant that serves the imperiled species. The boycott, begun by US-conservation organization Center for Biological Diversity (CBD), is striving to raise awareness about a species that many scientists say is being fished to the brink of extinction.


History repeats itself: the path to extinction is still paved with greed and waste

(04/05/2010) As a child I read about the near-extinction of the American bison. Once the dominant species on America's Great Plains, I remember books illustrating how train-travelers would set their guns on open windows and shoot down bison by the hundreds as the locomotive sped through what was left of the wild west. The American bison plunged from an estimated 30 million to a few hundred at the opening of the 20th century. When I read about the bison's demise I remember thinking, with the characteristic superiority of a child, how such a thing could never happen today, that society has, in a word, 'progressed'. Grown-up now, the world has made me wiser: last month the international organization CITES (Convention on International Trade in Endangered Species) struck down a ban on the Critically Endangered Atlantic bluefin tuna. The story of the Atlantic bluefin tuna is a long and mostly irrational oneā€”that is if one looks at the Atlantic bluefin from a scientific, ecologic, moral, or common-sense perspective.




CITATION:
mongabay.com (January 05, 2013).

Photo: Bluefin tuna sells for record $1.76 million in Japan.

http://news.mongabay.com/2013/0105-record-setting-tuna-price.html