Eel prices Decline somewhat this summer or increase in catch of juveniles July 6 4:11
The domestic catch of juvenile eels this season has increased by 4.5 times from the record low last season. It is expected that the price of eels, which had been at a high price for some days, will drop somewhat on Saturday's day of the ox day.
According to the Fisheries Agency, the domestic catch of juvenile Japanese eels from November last year to April this year was 17.1 tons. This was about 4.5 times higher than the record low last season, and it was the first level in 6 years.
Therefore, the average trading price of fry is about 30% lower than the same period last year.
Since fry are grown in aquaculture ponds for more than half a year and then shipped, it will take some time before they are reflected in the price of eels, but according to the group of aquaculture companies, the shipping price of eels on the 1st of this month is 4800 yen per kilogram. And it is about 400 yen cheaper than the same period last year.
The price of eels has been high for the last few years, but it is expected that the price will drop somewhat on the 21st of October, the day of the ox.
Japanese eels, which are worried about a decrease in stocks, have large fluctuations in the catch of juveniles from year to year, and resource management is required, including China, which is the largest catching country.