Data loading...

Hagoromo To Raise Tuna Prices Or Lower Can Content Japan, March 18, 13

Japan’s Hagoromo Foods Corp. will raise the prices of its mainstay canned tuna products by up to 6.1 percent on May 1, the company has announced.

The hikes will affect most products in the company’s Sea Chicken canned tuna series, Hagoromo Foods said Wednesday. The move comes as Hagoromo Foods struggles with soaring prices for yellowfin tuna and bonito, as well as the weaker yen.

The price of a 165-gram Sea Chicken L can will increase by 15 yen (US 16 cents) to 345 yen (USD 3.63).

In addition, the company will reduce the content per can for other Sea Chicken products to 70 grams from 80 grams on June 1 while keeping their prices unchanged.