Tuna fetches US$273,000 at annual Tokyo New Year’s auction, breaking pandemic slump

A 212kg (467lb) bluefin tuna sold for 36.04 million yen (US$273,000) at Tokyo’s annual New Year’s tuna auction held on January 5, 2023 at the Toyosu fish market. While the winning bid is just a fraction of 2019’s record price of 410.92 million yen (US$3.1 million), it is more than double the top price at last year’s auction, breaking a pandemic trend of slumping demand.