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Bluefin Tuna Sells for $632,000 at Tsukijiโ€™s New Year Auction

January 5, 2016 โ€” TOKYO โ€” A sushi chain boss paid $632,000 for a 466-pound bluefin tuna at auction on Thursday.

The 74.2 million yen winning bid for the prized but imperiled species was the second highest ever after a record 155.4 million yen bid in 2013 at the annual New Year auction at the famed Tsukiji market.

Kiyomura Corp. owner Kiyoshi Kimura posed, beaming, with the gleaming, man-sized fish, which was caught off the coast of northern Japanโ€™s Aomori prefecture.

His company, which runs the Sushi Zanmai chain, often wins the auction. This yearโ€™s purchase works out to $1,356 per pound.

Japanese are the biggest consumers of the torpedo-shaped bluefin tuna, and surging consumption of sushi has boosted demand, as experts warn the species could go extinct.

A report by the International Scientific Committee for Tuna and Tuna-like Species in the North Pacific Ocean last year put the population of bluefin tuna at 2.6 percent of its โ€œunfishedโ€ size, down from an earlier assessment of 4.2 percent.

Read the full story at NBC News

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