Japan's bluefin tuna supply surges as prices rise 30%

The increase in supply mainly comes from the concentrated listing of high-quality fish from the Pacific production areas such as Miyakejima, Shizuoka, and Miyagi, as well as from Ishikawa and Fukui in the Sea of Japan. Although farmed bluefin tuna from Nagasaki, Kochi and other places entered the market at the same time, they failed to curb the price increase. At the same time, imported tuna performed weakly: although Mexican farmed bluefin tuna entered the market at a low price of 5,000 yen per kilogram, no one bid for it due to meat quality issues, and it could only be sold at a discount through private negotiations; the air-freighted landed price of wild tuna from Boston, USA reached 5,200 yen, which was still difficult to compete with the competitiveness of local products, and the auction failed many times. The frozen tuna market showed polarization. The lowest price of frozen goods in Ireland fell to 1,600 yen/kg, while the price of "Banks fish" in Boston, USA bucked the ...