The London Fish Exchange

LFEX European Aquaculture Snapshot to 29th May, 2026

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The LFEX Norwegian Exporters Index for Week 22 2026 ended the week UP +1.62 NOK / +2.24% stand at 73.86 NOK (in EUR terms 6.85 / +0.11 / +1.58%) FCA Oslo Week ending Thursday to Thursday.

The NOK rate ended UP at 10.79 (+0.07 /+0.65%) to the Euro to yesterday Thursday. The Fish Pool Euronext future June was reported DOWN at 7.10 EUR (-3.40% / -0.25) for the same period with July showing 6.74.

The Last Week

A shorter flat week. We prices continue to firm last Friday as the index opened at 74.69 up 2.45 NOK or +3.35% from last weeks close. Monday many enjoyed the warm weather as the market was closed, and Tuesday came back flat 74.56, Wednesday – flat 74.42 and end of week Thursday ticked down slightly to close out at 73.86.

The FX rate firmed a little this week (as oil prices fell on more positive noises on Iran). Last Friday the rate had climbed a couple of points to 10.73 and up at 10.78 Tuesday and then flat for the week at 10.79 thereafter.

Average spreads 3-6 have come in at around 1.4 NOK by the end of the week, with the smaller fish showing only a small difference between them 73.3 vs 73.67 (3-4 vs 4-5).

Next Week

Indications for next week are coming in at around 71.0 NOK Friday offered levels for the index, which is nearly 3 NOK off yesterday’s close and follows the trend downwards. There is a good volume of fish being harvested and coming through, and more it seems than has been previously forecast.

Spreads are around 1.3 NOK between 3-6s, 5-6s slightly bigger spread.

The EUR NOK FX rate this afternoon has crept up to the 10.79 level having picked up from its lows earlier today down at 10.74. This makes the price in Euro’s around 6.58 FCA Oslo this afternoon.

Volumes – Fresh Export

Volume figure for week 21 (2026) was 22,386 tons, UP 1,920 tons as compared to 20,466 in 2025 some 9.38% HIGHER. Volumes for weeks 22 and 23 (2025) were 18,233 and 19,164 respectively for comparison.

Historical Price Guidance for Next Week

The LFEX Norwegian Exporters Index for Week 23 2025 ended the week UP +12.19 NOK / +18.34% to stand at 78.65 NOK (in EUR terms 6.83 / +1.05 / +18.24%) FCA Oslo. The NOK rate ended FLAT at 11.51 (+0.01 / +0.09%) to the Euro. The Fish Pool Euronext future July was reported UP Thursday to Thursday +0.20 / -3.39% at 6.10 EUR, approximately 70.21 NOK.

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

Did You Know?

You can amend or add to orders transacting on LFEX?

The system allows you to very quickly put up offers / orders within the RFQ service and manage pricing in real-time. The system not only lets you manage order parameters during the sale/purchase process but by single or multiple counterparties. It has been built to replicate your business workflows, is highly flexible and captures your business activity / management perfectly.

FAQ’s

Q. How can I optimise my sales in weeks where there may be more volume coming through?

A. Active engagement with as many counterparties as possible will help with distribution. Widening global reach would also help with this, especially if the softness is within a particular market, and funnel volume elsewhere. Proactive updating of pricing and offers will create a sense of movement in the market and spur activity, as well as targeted pricing by clients or geography. Encourage engagement with dialogue on chat and market updates and even get buyers to put up bids to you help build a better market picture.