Stable or slightly increasing salmon prices for next week

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In a market, characterized by the fact that more and more people are on vacation, salmon prices are stable.

“It is a typical Friday – quiet and wait-and-see,” says one exporter, who for the time being does not see large movements in the spot price. 

Facts

Every Friday after lunch, SalmonBusiness report spot prices for salmon. These are fish to be delivered the following week. We contact several links in the value chain, including farmers, exporters and importers, and always have at least five independent sources, although not all sources are necessarily displayed in print. We vary the sources we use and do not use the same sources each time.

With that, the latest weeks’ rollercoaster ride for salmon prices have stopped.

“It looked like it would go up sharply, but now it looks more like sideways,” says a buyer at a processor company to SalmonBusiness.

He bought salmon at a price between five and six euro per kilogram last Friday, and will do the same today.

“A little recovery, actually, I hadn’t expected it. I saw stable prices,” says a salesman at a Northern Norwegian fish farming company.

“But it is rumored that less fish will be taken up next week than what some have assumed,” he adds.

The five industrial sources SalmonBusiness have talked to today refer to the following price level, to the fish farmer, for the most traded weight classes:

  • 3-4 kilograms NOK 54-56 (€5.6-5.8)
  • 4-5 kilograms NOK 56-58 (€5.8-6.0)
  • 5-6 kilograms NOK 58-59 (€6.0-6.1)
  • 6+ kilograms NOK 60-61 (€6.2-6.3)