Stable salmon spot prices for next week’s deliveries

News
1021

Spot prices stay close to the level from last Friday.

“Stable to a bit up,” says a Norwegian fish farmer about the salmon price for next week.

“Same as last week. Mid 50’s. 54-55 kroner (€5.4-5.5),” says another farmer.

Fish in the sea
“There are ok volumes. The market isn’t so strong in February. There are quite solid volumes of fish in the sea. We are happy with every week at this level,” he adds. 

Facts

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

“I hear the FOB fish farmer price for 3-6 kilos is 53-54 kroner (€5.3-5.4). 6+ is at 53 kroner (€5.3),” one exporter comments.

A competitor repeats his message: “Just what I’ve said in the south (of Norway). North – about one krone lower.”

Flat
“That sounds reasonable. But if one looks at the market, it should have been lower,” says a third exporter, pointing out what has risen among the exporters for a long time: Margin squeeze.

“We have many customers at the level that you indicate – they say they can buy it,” says a third fish farmer. ” So far, we only have one sale, and it is at 55-56 kroner (€5.5-5.6) at four to six kilos. It’s pretty flat.”