The first auction results from Japan report good news for akoya producers. Hama-age prices are finally on the rise. Whilst these results are a bit early to predict the trend in prices through the Winter and later auctions, it seems a clear indication that the price slide has come to an end.
First rank production is reportedly up nearly 10%, followed by second rank up nearly 30%, and commercial third rank up an astonishing 50%.
The results are certain to be well-received by the dwindling number of akoya producers now accustomed to operating at a loss.