Blue Fin Tuna Hammers for $3.1-M at Tokyo’s New Fish Market

Blue Fin Tuna Hammers for $3.1-M at Tokyo’s New Fish Market

Saturday, the owner of a Japanese sushi restaurant chain set a world record by paying more than $3-M for a bluefin tuna in the year’s 1st auction at Tokyo’s new fish market, exceeding his own record price of Y 2013.

Kiyoshi Kimura owns the Sushizanmai chain, and Saturday paid JPY 333.6-M ($3.1-M) for the 613 lb fish caught off the coast of northern Japan’s Aomori prefecture, or 2X what he paid for 1 6 years ago.

“The tuna looks so tasty and very fresh, but I think I did too much,” Kimura told reporters outside the market late Saturday.

“I expected it would be between 30 and 50-M Yen, or 60-M Yen at the highest, but it ended up 5 times more.”

Saturday’s event was the 1st New Year auction of the Toyosu market, after the famed Tsukiji fish market shut last year to provide temporary parking for the Tokyo 2020 Summer Olympics.

Kimura had held the record for Top price paid for a single fish at the new year’s auction for 6 years running until Y 2017. But last year, the owner of a different fish restaurant chain paid the highest price.

After the auction, the fish was taken to 1 of Sushizanmai’s branches located in the old market of Tsukiji.

Tuna is prized around the world for sushi.

Have a terrific week.

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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