LFEX European Aquaculture Snapshot to 3rd March, 2022

John Ersser - The London Fish Exchange

Published: 4th March 2022

This Article was Written by: John Ersser

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Prices for Week 9 ended down. The LFEX Norwegian Exporters index was down -5.51%, -4.88 NOK at 85.37 NOK FCA Oslo Week 9 ending Thursday vs previous Thursday price.

The NOK was -2.28% stronger to the Euro -0.23 at 9.86 NOK over the period Thursday to Thursday. However, the Fish Pool future March climbed +3.75 to 81.50 NOK, +4.82% stronger over the same period.

Prices opened 1.1% lower on the prior week at 89.2 NOK, remained relatively flat before drifting down 2.6 NOK on Thursday. The spread between 3’s and 6’s however gapped to 6.82 NOK on Tuesday 84.99 versus 91.81. Vacation week and the Ukraine crisis provide the back-drop for the week. There aren’t expectation of an increased harvest next week which could mean prices are relatively static, however there is a sense that there are less buyers around at these historically high levels. David Nye’s analysis for a Technical viewpoint will be published on Monday.

  Market Data (Click Each to Expand)

LFEX Prices
FX Rates
LFEX Indicative Exporter Prices (4 Week)
EUR / NOK FX Rate (4 Week)

Prices Ending 3rd March, 2022

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