White truffles fetch 75,000 euros at Italian auction
Dry conditions this year had sent the market price soaring to 6,000 euros per kilogramme
Alba - Arab Today
A lot of around 850 grammes (1.9 pounds) of white truffles was sold for 75,000 euros ($87,500) in a top Italian auction on Sunday.
The buyer from Hong Kong placed their winning bid via satellite at the World Alba White Truffles Auction at the Grinzane Cavour castle in Piedmont, northwestern Italy.
Isabelle Gianicolo of the National Truffle Study Centre noted that the auction price was "symbolic" and did not necessarily reflect the true market price, since the proceeds were donated to charitable causes.
Nevertheless, dry conditions this year had sent the market price soaring to 6,000 euros per kilogramme from 3,000-4,000 euros last year, she told AFP.
A recent drought influenced the quantity, "but not the quality of the truffles," Gianicolo said.
"The situation has recently improved slightly, but it's clear that it's not going to be a great year. There certainly aren't going to be very large truffles up for auction, even if they're still very good truffles," she said.
Alba has hosted Italy's most famous white truffle market, during which the auction is held, for close to 90 years.
Source:AFP
GMT 10:56 2018 Monday ,22 January
Azza Fahmy Jewellery announces UK store launchGMT 08:26 2018 Tuesday ,16 January
World's fifth largest diamond discovered in LesothoGMT 22:40 2017 Monday ,20 November
Jewellery Arabia 2017 to kick off TuesdayGMT 08:16 2017 Sunday ,19 November
DANAT to offer services in Jewellery Arabia 2017GMT 09:39 2017 Thursday ,16 November
Rare pink diamond aims for $30 million haulGMT 05:03 2017 Thursday ,19 October
Jewellery brand Arco Studio launches & appoints PRGMT 15:00 2017 Saturday ,14 October
Monsoon and Accessories press office updatesGMT 21:30 2017 Wednesday ,20 September
Rhino horn smugglers shift to jewellery
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 20:30 2017 Wednesday ,04 October
Trump weighs 'decertifying' Iran nuclear deal
GMT 21:42 2017 Wednesday ,16 August
Melhem: his brother did not face accidents
GMT 02:37 2016 Thursday ,15 December
Uzbekistan's Shavkat Mirziyoyev Takes Oath as President
GMT 18:57 2017 Friday ,17 March
Bahrain Rejects the Swiss Representative's Statement before UNHRC
GMT 00:43 2017 Tuesday ,11 April
Don’t speed, Oman police will catch you
GMT 11:40 2017 Saturday ,29 July
Designer Mennatallah reveals her new collection
GMT 04:55 2017 Thursday ,23 February
Far from Brooklyn, Iraq’s hipsters are a hit on Instagram
GMT 20:33 2017 Saturday ,11 February
US stocks on record-setting trajectory after Trump's tax cut remarks
GMT 18:59 2017 Saturday ,11 March
Statistics Centre Abu Dhabi releases report on CPI
GMT 15:34 2017 Wednesday ,22 March
3 suicide bombers kill 4 in northeastern Nigeria
GMT 15:07 2017 Friday ,18 August
S. Africa's Springboks begin journey of discovery
GMT 05:59 2017 Tuesday ,17 October
17 Guantanamo Bay detainees approved for transfer
GMT 17:54 2017 Saturday ,11 November
Israel downs Syrian drone over Golan Heights
GMT 21:22 2017 Wednesday ,06 September
Xi: Arab states important partners in Belt and Road project
GMT 20:55 2016 Tuesday ,27 September
China on high alert for Typhoon Megi
GMT 00:26 2017 Thursday ,19 October
Yemen's ex-president Saleh stable after Russian medics operate
GMT 01:53 2017 Wednesday ,15 November
Lebanon's Maronite patriarch makes historic Saudi visit
GMT 04:50 2017 Tuesday ,11 July
Oil pares losses, but rising supply a worry
GMT 01:06 2016 Thursday ,13 October
New batch of volunteers to join Egyptian army October 15
GMT 13:27 2017 Wednesday ,25 October
New York AG investigates Weinstein Company
GMT 15:50 2018 Friday ,23 November
“Solo” wins Audience Award in Rabat International Festival for Auteur Films
GMT 20:36 2018 Thursday ,06 September
Commander-in-Chief inspects BDF units
GMT 17:31 2017 Monday ,20 February
Libya PM convoy comes under fire, no wounded
GMT 03:03 2018 Tuesday ,09 January
Twenty attacks foiled in France 2017
GMT 02:57 2017 Sunday ,12 March
Bahraini terror suspect left in 2012
GMT 02:58 2018 Wednesday ,03 January
Former Miss America Carlson named new chairperson
GMT 15:13 2014 Monday ,14 April
Actor Abdurrahman al-Rashi escorted to final resting place
GMT 05:29 2017 Sunday ,17 December
140 killed in night of horror
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor