news of the sale of a 754 pound for US $740,000

ABTA Salem NH, five January 2012 – The astounding information of the sale of a 754 pound
bluefin tuna for US $ 740,000 (¥ 56.49 million) auctioned these days at Tsukiji Market in
Tokyo is guaranteed, as in previous years, to make headlines throughout the world. This singular
occasion which has taken spot in early January for the very last couple of several years is the focus of
intensive interest by bluefin fishermen, environmental groups and fishery
administration organizations globally.
Environmentalists declare that the bluefin tuna is staying driven to extinction straight
as a outcome of the outrageously high prices paid for bluefin in Tokyo. It is commonly
thought that the price paid for this fish is indicative of the charges paid out at other instances
for the duration of the yr.
“The Nationwide Oceanic and Atmospheric Administration (NOAA) has proven
recently that ex vessel price amounts for Atlantic bluefin tuna are now and in current
several years have been about $ 9 per pound to the fishermen, not $ 981 per pound for the
fish that was auctioned in Tokyo these days. To put this price in standpoint, $ 9 for each
pound is significantly less than is generally compensated for sea scallops.”, states Prosperous Ruais, Executive
Director for the American Bluefin Tuna Affiliation.
At this time of 12 months and with the existing Yen/US Dollar exchange rate a typical cost
compensated in Tokyo for bluefin tuna is about ¥ two,700 for each kilogram. As a result a fish of this
dimension would typically offer for about ¥ 925,000 or about US $ 11,900.
In previous a long time, the “bidding-up” of the cost of a single fish was performed as a publicity stunt
by two dining establishments, a single in Hong Kong and the other in Japan, who bid jointly and
shared the fish. In this calendar year, a Japanese restaurateur has undertaken to “bid-up” the
cost of a single bluefin as a present to the Japanese individuals for the hardship they have
endured in the final 12 months.
Mr. Ruais continues, “The media is largely responsible for the common
misconception that catching bluefin tuna is like winning the lottery. Nothing could
be more from the reality. Our Atlantic bluefin tuna fishery is an artisanal fishery of
tiny vessels in which every fish is caught one particular at a time and by hand. It is the most
extremely regulated bluefin fishery in the entire world.”
For more info, speak to Ralph Pratt at (781) 589-0815 or Abundant Ruais at
(603-490-4715 mobile) (603-898-8862 office).

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