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Hong Kong's restaurant owner paid € 85,000 for truffles at an Italian auction. The amount of nodules reached 850 grams, the Italian media reported today. The truffle auction at Piedmont's Alba is considered to be the most exclusive of its kind. Gourmets from around the world come on video. Auction is used for charitable purposes.
Alba's truffle auction is held every year for 88 years. The highest quality white truffle price is € 3,500 per kilogram this year. For lesser-known truffles, the price is around 500 euros per kilogram. There are about 200,000 truffle collectors in Italy. They are generating annual sales of 500 million euros.