LFEX European Aquaculture Snapshot to 16th October, 2026

John Ersser - The London Fish Exchange

Published: 16th October 2026

This Article was Written by: John Ersser

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The LFEX Norwegian Exporters Index for Week 42 2026 ended the week UP + 1.84 NOK /+ 2.64% to stand at 71.58 NOK (in EUR terms 6.73 / +0.22 / +3.31%) FCA Oslo Week ending Thursday to Thursday.

The NOK rate ended DOWN at 10.64 (-0.07 / -0.65%) to the Euro to yesterday Thursday. The Fish Pool Euronext future November was reported FLAT at 6.45 EUR (+0.00% / +0.00) for the same period with December showing 6.93.

The Last Week

A positive pricing week. Offered prices opened up last Friday at 70.98 an increase of 1.24 NOK / +1.78% over last weeks close (69.74) as prices erased the prior Thursday end of week drop off. So you could say prices remained overall level plus a small Friday premium. Monday was 70.47 which put us exactly level. Tuesday and Wednesday at the 70.85 ish level and Friday saw a pick-up to the week high at 71.58.

The FX rate was volatile this week as the rate continued on its downward trajectory from 10.73 on Friday to a bottom of 10.595 by Wednesday. While we did see a retracement back up on Thursday to the 10.69 level and settled to 10.645 on Thursday PM.

Spreads on 3-6s came in this week to around the 3.5 NOK with pricing now more evenly spread across the weight classes.

Next Week

Indications for the index for next week are coming in at around 72.7 NOK Friday offered levels for the index – so 1.10 NOK up from yesterday’s close.

Spreads are a little over 4.00 NOK level between 3-6’s a slight extension from last week as the market finds its level. .

The EUR NOK FX rate this afternoon is moving around the 10.625 levels so a little lower than yesterday. This makes the offered price in Euro’s around 6.84 FCA Oslo this afternoon.

Volumes – Fresh Export Whole Salmon

Volume figure for week 41 (2026) was 27,982 as compared to 26,112 for the same week last year UP
1,870 tons some 7.16% HIGHER. Volumes for whole salmon weeks 42 and 43 (2025) were 26,448 and 25,886 respectively for comparison.

Historical Price Guidance for Next Week

The LFEX Norwegian Exporters Index for Week 43 2025 ended the week UP +5.27 NOK / +7.19% to stand at 78.53 NOK (in EUR terms 6.78 / +0.54 / +8.58%) FCA Oslo. The NOK rate ended DOWN at 11.58 (-0.15 / -1.28%) to the Euro. The Fish Pool Euronext future November was reported UP Thursday to Thursday at 6.30 EUR, (+0.10 / +1.61%) approximately 72.95 NOK, with December showing 6.87 Euro.

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

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