Sablefish, Toothfish Prices Soar in Japan in Face of Weak Yen, Other Asian Demand
SEAFOODNEWS.COM [Japan Reports] February 24, 2015
Imported fish prices for white-meated species like sablefish and toothfish are surging across the board in Japan on strong buying from Asian countries
Prices for sablefish and toothfish have been reached all-time high levels in Japan.
The domestic wholesale price of sablefish has soared 40% from a year ago to around Y2,000 per kilo.
Analysts attribute the price uptrend to the decline of the yen against the dollar as well as bullish buying from Asian countries..
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