A tuna sold for $118,000 in new year's auction at Japan's most famous fish market

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TOKYO — It’s among the biggest of Japan’s many New Year holiday rituals: Early on Tuesday, a huge, glistening tuna was auctioned for about 14 million Japanese yen (US$118,000) at Tokyo’s 80-year-old Tsukiji market. Next year, if all goes as planned, the tradition won’t be quite the same.

The world’s biggest and most famous fish and seafood market is due to move in November to a massive complex further south in Tokyo Bay, making way for redevelopment of the prime slice of downtown real estate.

The closure of the Tsukiji market will punctuate the end of the post-war era for many of the mom-and-pop shops just outside the main market that peddle a cornucopia of sea-related products, from dried squid and seaweed to whale bacon and caviar. Read more…

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