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Why Japanese eel can cost over $90

27 days ago   |   By Business Insider

Summary List Placement Following is a transcript of the video.
Narrator : This is the most expensive fish in Japan. In January 2018, a kilogram of these baby eels cost around $35,000. That's more than bluefin tuna, and almost as much as the price of gold at the time.
But catching these eels is just the beginning. It can take a year of work until they're large enough to be sold. So what makes these eels so popular? And why are they so expensive?
People in Japan have eaten eel for thousands of years. Restaurants like this can sell 40 to 50 tons of eel each year. Japanese eel, or Anguilla...
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