Thursday, 5 January 2012

AN EXPENSIVE FISH (2)

A year ago, I wrote a post about someone in Japan paying 32.49m yen (roughly US$400,000) for a blue fin tuna at the Tokyo fish market's New Year auction.

That turns out to have been a snip. This year someone paid 56.49m yen (roughly US$736,000) for a fish of the same species. The increase in price is even more remarkable, given that this year's fish was smaller than last year's (269kg v. 342kg), giving a whopping price per kilo of US$2,737. That makes for some pretty expensive sushi.

Financial crisis? What financial crisis?

Walter Blotscher

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