Japan premium fruit prices plungeChristian Fernsby ▼ | May 25, 2020
A pair of premium Japanese melons sold on Monday for just a slice of the five million yen (S$66,250) reached at auction last year, as the coronavirus bites hard.
Japan Melons from Yubari
An official at the wholesale market blamed the coronavirus for keeping away rich corporate clients who compete to outbid each other for the most expensive fruit.
The virus meant that the auction was smaller than usual and mostly made up of lower net worth individuals.
The successful bidder wanted to show gratitude and support for local farmers, according to local news agency Kyodo. ■