LFEX European Aquaculture Snapshot to 22nd December, 2022

John Ersser - The London Fish Exchange

Published: 23rd December 2022

This Article was Written by: John Ersser

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The LFEX Norwegian Exporters Index Week 51 was up +9.43 %, +6.95 NOK to stand at 80.68 NOK FCA Oslo Week ending Thursday vs previous Thursday.

The NOK ended flat over the week ending at 10.39 to the Euro over the period Thursday to Thursday -0.02 NOK or -0.19%. The Fish Pool future December was reported up slightly +0.50 NOK at 77.5 NOK with Jan 23 showing 91.35.

What a difference a week makes. A complete rebound to finish the week almost perfectly mirroring the dive of the previous week. Prices held / nudged up at the week open at 74.41 NOK +0.68 NOK / 0.92% and remained in a balance for much of the week, with Monday seeing 74.40 NOK and Tuesday 74.86. Wednesday however saw prices jump nearly 5 NOK to 79.81 NOK and Thursday closed the week out at 80.68 NOK. While a full working week before Christmas, many farmers only harvested Monday to Wednesday creating a shortage in the market and pushing prices sharply higher. Next week is a short week and supply is expected to be limited with expectations of higher prices in the region on 86NOK / 8.50 EUR. As usual we will see…

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  Market Data (Click Each to Expand)

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

Prices Ending 22nd December, 2022

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