The London Fish Exchange

LFEX European Aquaculture Snapshot to 17th April, 2026

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The LFEX Norwegian Exporters Index for Week 16 2026 ended the week DOWN -6.54 NOK / -8.09% to stand at 74.30 NOK (in EUR terms 6.72 / -0.55 / -7.59%) FCA Oslo Week ending Thursday to Thursday (yesterday).

The NOK rate ended DOWN at 11.06 (-0.06 /-0.54%) to the Euro over the same period. The Fish Pool Euronext future May was reported DOWN at 7.85 EUR (-4.50% / -0.37) for the same period for comparison with June showing 8.30.

The Last Week

A full trading week with prices overall lower. Easter over and we saw the continued reduction in prices early last week, off 4 NOK on the Friday open nearly 5% at 76.86 levels. Significant weakness continued into Monday down a further 4+ NOK to 72.58 and we hit the low of the week on Tuesday at just under 72 for the offered index. However, things turned around for Wednesday at 72.64 and finished stronger at 74.3 the chart showing a definite bottom during the week.

The FX rate was again less volatile this week with trend level and down from 11.12 levels to 11.06 on Thursday pricing.

Spreads tightened to around 1.5 NOK 3-6s and consistently spread, if opening to 2 on the close, but tighter than last week.

Next Week

Early indications for next week are coming in at the 74.4 NOK level for the index, pretty much flat from the close of the week yesterday of 74.3, and below the prior levels of 76.86 this time last week. There is softness in the market but no dramatic price movements. Bigger fish continue to be more available and flights remain costly. Barcelona will make price discovery more of a challenge.

The EUR NOK FX rate is this afternoon is around the 11.08 level having rebounded off its low of 11.01 level earlier today as suggestions that the Strait of Hormuz Straight looks to be open for the ceasefire period.

This makes the price in Euro’s around 6.71 FCA Oslo this afternoon.

Volumes – Fresh Export

Volume figure for week 15 (2026) was 18,610 tons, DOWN 1,399 tons as compared to 20,009 in 2025 some 7% LOWER (again an Easter mismatch). Volumes for weeks 16 and 17 (2025) were 13,620and 18,343 respectively for comparison.

Historical Price Guidance for Next Week

The LFEX Norwegian Exporters Index for Week 17 2025 ended the week DOWN -15.93 NOK / -16.56% to stand at 80.24 NOK (in EUR terms 6.78 / -1.18 / -14.84%) FCA Oslo. The NOK rate ended DOWN at 11.835 to the Euro. The Fish Pool Euronext future May was reported FLAT prior Wednesday to Thursday at 7.10 EUR.

David Nye’s technical analysis report will be published next week.

Did You Know?

If you have a certain amount of inventory and want to sell at a target price you can manage this on the system.

If you know how much you want to move, at what price and which potential customers you want to sell it to – you can configure this in seconds on the system. You can then manage this in real-time, chip away at the orders but always in control of where you are at. You can use the chat facility to engage with and encourage customers around your offer.

FAQ’s

Q. Does salmon trade like other commodities?

A. The salmon market trades fundamentally like every other commodity market. We have seen and continue to see significant volatility in many agricultural commodities.

Markets and platforms help both buyers and sellers, in periods of high or low volumes find price levels and trading partners, and provide the mechanism to connect, engage, and execute. Because markets are fluid and supply and demand ebb and flow it pays to be connected, present and involved. The more activity placed on an electronic market, the better and more useful data can be produced, with improved and accessible transparency helping you and your business.