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ECHEMI Mall
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Weekly Price
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.
"It's completely out of control, and now only those who absolutely have to supply are buying," said one exporter
.
On Friday afternoon, the exporter reported that prices were up almost NOK 10 (€1.
03/$1.
12) per kilogram from a week earlier
.
Almost no salmon is being processed while demand continues to recover, he said
.
.
On Friday afternoon, the exporter reported that prices were up almost NOK 10 (€1.
03/$1.
12) per kilogram from a week earlier
.
Almost no salmon is being processed while demand continues to recover, he said
.
Seafood Norway reported this week that the number of salmon in Norwegian cages at the end of March was 4% lower than a year earlier
.
The exporter said high prices posed challenges because the amount covered by credit insurance was capped
.
"Some customers now have to pay up front
.
The amount and the risk are starting to get pretty high," he said
.
.
The exporter said high prices posed challenges because the amount covered by credit insurance was capped
.
"Some customers now have to pay up front
.
The amount and the risk are starting to get pretty high," he said
.
"It's only going to get worse, prices are ridiculously high
.
We'll see
.
Demand from producers exceeds NOK 115 (EUR 11.
94/USD 12.
92), but so far we haven't bought anything," the second exporter said
.
.
We'll see
.
Demand from producers exceeds NOK 115 (EUR 11.
94/USD 12.
92), but so far we haven't bought anything," the second exporter said
.
A third exporter bought some of the main weight classes at NOK 116-120 (EUR 12.
04-12.
45/USD 13.
03-13.
48) per kg
.
"There's no problem putting it on the market, at least earlier in the week you'd be paying around NOK 120 (EUR 12.
45/USD 13.
48) per kilo," the exporter said
.
04-12.
45/USD 13.
03-13.
48) per kg
.
"There's no problem putting it on the market, at least earlier in the week you'd be paying around NOK 120 (EUR 12.
45/USD 13.
48) per kilo," the exporter said
.
Prices are even higher for the largest fish
.
“For air-packed fish over 6kg, pay more than NOK 130 (EUR 13.
49/USD 14.
61) per kg and ship it to Oslo,” he said, noting that European processors who delayed their purchases have now started buying
.
.
“For air-packed fish over 6kg, pay more than NOK 130 (EUR 13.
49/USD 14.
61) per kg and ship it to Oslo,” he said, noting that European processors who delayed their purchases have now started buying
.
The 80-90 NOK (8.
30-9.
34 EUR/8.
99-10.
12 USD) price was unacceptable to some buyers, but since they return to the market, the number of fish purchases will rise further
.
30-9.
34 EUR/8.
99-10.
12 USD) price was unacceptable to some buyers, but since they return to the market, the number of fish purchases will rise further
.
Current price of origin:
3–4 kg - NOK 116/kg (€12.
04/$13.
03)
04/$13.
03)
4–5 kg - NOK 118/kg (€12.
25/$13.
25)
25/$13.
25)
5–6 kg - NOK 120 (EUR 12.
45/USD 13.
48)/kg
45/USD 13.
48)/kg
6 kg + - NOK 125-130 (EUR 12.
98-13.
49 / USD 14.
04-14.
61) or more
.
98-13.
49 / USD 14.
04-14.
61) or more
.
However, not everyone agrees with these price levels
.
"It's a bit like coming up with a number
.
It's easy to report a price increase or decrease of NOK 5 (€0.
51/$0.
56) per kilo," said a fourth exporter
.
.
"It's a bit like coming up with a number
.
It's easy to report a price increase or decrease of NOK 5 (€0.
51/$0.
56) per kilo," said a fourth exporter
.
