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ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
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Trade Service
80/$8.
60) to NOK 80 (€8.
30/$9.
10)
.
Norwegian salmon prices have risen this week to NOK 80 (€8.
30/$9.
10) to NOK 87 (€9/$9.
90) from levels traded a week ago
.
30/$9.
10) to NOK 87 (€9/$9.
90) from levels traded a week ago
.
Two producers in northern Norway set prices between NOK 86 (EUR 8.
90/USD 9.
80) and NOK 88 (EUR 9.
10/USD 10) for sizes 3 to 6 kg, one of which sells salmon and wild-caught fish.
Offers are higher on the grounds of reduced supply
.
90/USD 9.
80) and NOK 88 (EUR 9.
10/USD 10) for sizes 3 to 6 kg, one of which sells salmon and wild-caught fish.
Offers are higher on the grounds of reduced supply
.
Another market source expects spot prices to exceed NOK 85 (EUR 8.
80/USD 9.
70) next week
.
"These prices are unsustainable, but they are now," said the exporter, who expects Spain to be a big market for Norwegian salmon, but a strike in the transport industry is likely
.
80/USD 9.
70) next week
.
"These prices are unsustainable, but they are now," said the exporter, who expects Spain to be a big market for Norwegian salmon, but a strike in the transport industry is likely
.
The executive noted that, typically, larger fish are more expensive than 3 to 6 kilograms, but the price for larger fish has dropped to NOK 80 (€8.
30/$9.
10)
.
30/$9.
10)
.
Airspace closures over Ukraine and Russia also impacted exports to Asia, with air freight rates reportedly up 50% due to rerouting and increased fuel
.
"The Chinese market has been greatly affected by the new outbreak," the executive added
.
.
"The Chinese market has been greatly affected by the new outbreak," the executive added
.
The U.
S.
market is now the most popular market for salmon due to logistical factors, but "everyone is doing the U.
S.
market at the same time, so prices will come down after a long period of firmness
.
"
S.
market is now the most popular market for salmon due to logistical factors, but "everyone is doing the U.
S.
market at the same time, so prices will come down after a long period of firmness
.
"
Exporters point out that winter sores on fish continue to have an impact on product quality and availability at this time of year, with around 30 percent of the product being affected for processing, which costs NOK 50 (EUR 5.
20/USD 5.
70) to 55 Norwegian krone (€5.
70/$6.
30)
.
20/USD 5.
70) to 55 Norwegian krone (€5.
70/$6.
30)
.
