Wednesday, 8 January 2014

Why bluefin tuna have no 'fair' price

Each January for the last several, we have celebrated the New Year with unlimited excess—not only the gluttonous, gammony kind, but the excess which heralds the year's first auction of a gargantuan bluefin tuna at the Tsukiji Fish Market in Tokyo, Japan. Each time, one fish, whose flesh is prized as an expensive delicacy in sushi restaurants, becomes a symbol of the New Year in this way.

Last January's tuna sold for a record-breaking £1.1 million (155.4 million yen), more than double the price it claimed in 2012, upholding a tradition that has seen that initial coveted bluefin growing increasingly expensive each year.

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