Slump in first tuna auction of the year in Wakayama

SHINGU, Japan - Fish dealers examine tuna in the first auction of the year on Jan. 4 at the Katsuura Fishery Cooperative in Nachikatsuura, Wakayama Prefecture, one of the largest coastal tuna fishing towns in Japan. The auction of 36 tons of tuna fetched 17 million yen. The highest bid went to a 51-kilogram yellowfin tuna for 150,000 yen. The volume of tuna auctioned during the day and the amount in transactions were just half of last year's levels. Co-op officials attributed the slump to higher fuel prices and the reluctance of younger fishermen to go to sea during the New Year holidays.

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ILEA001125651

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2008/1/04 00:00:00

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Kyodo / Kyodo News Images

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2008 Kyodo News

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Slump in first tuna auction of the year in Wakayama

SHINGU, Japan - Fish dealers examine tuna in the first auction of the year on Jan. 4 at the Katsuura Fishery Cooperative in Nachikatsuura, Wakayama Prefecture, one of the largest coastal tuna fishing towns in Japan. The auction of 36 tons of tuna fetched 17 million yen. The highest bid went to a 51-kilogram yellowfin tuna for 150,000 yen. The volume of tuna auctioned during the day and the amount in transactions were just half of last year's levels. Co-op officials attributed the slump to higher fuel prices and the reluctance of younger fishermen to go to sea during the New Year holidays. (Kyodo)

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