Despite the prospect of a reduced bluefin tuna catch in the Pacific Ocean, prices of the prized fish are unlikely to rise substantially.
One reason for this is that bluefin tuna--valued as sashimi--account for only a small percentage of all tuna species consumed domestically.
Additionally, recent advances in tuna farming technology are expected to soften the impact of the decision reached Sept. 4 in Fukuoka by the Western and Central Pacific Fisheries Commission.
"It won't have a major impact on bluefin tuna prices, even if the harvest is cut by half," said a Fisheries Agency official.
Takashimaya Co., which operates upscale department stores, was not so sure, though.
"We can't rule out a rise in bluefin tuna prices," a company representative said.
In general, most sushi restaurants and supermarkets expect the cutback to have a minimal effect.
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