LFEX European Aquaculture Snapshot to 23rd October, 2026

John Ersser - The London Fish Exchange

Published: 24th October 2026

This Article was Written by: John Ersser

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The LFEX Norwegian Exporters Index for Week 43 2026 ended the week UP + 0.86 NOK /+ 1.20% to stand at 72.44 NOK (in EUR terms 6.91 / +0.18 / +2.75%) FCA Oslo Week ending Thursday to Thursday.

The NOK rate ended DOWN at 10.48 (-0.16 / -1.50%) to the Euro to yesterday Thursday. The Fish Pool Euronext future November was reported UP at 6.49 EUR (+0.62% / +0.04) for the same period with December showing 6.93.

The Last Week

Flat and positive pricing week. Offered prices opened up last Friday at 72.70 an increase of 1.12 NOK / +1.56% over last weeks close (71.58) as prices continued their small gains from the prior Thursday.
The Friday premium meant prices sat at 72.07 on Monday, slightly lower. The market had found its level for the week as Tuesday showed 72.5, Wednesday small higher and a close out at 72.44.

The FX rate was active this week. Overall the rate continued on its downward trajectory from 10.625 on Friday to a bottom of 10.45 by late Thursday. The NOK rate is inverse to the oil price, as oil goes higher the NOK rate comes down (strengthens), equals more expensive in Euros.

Spreads on 3-6s came in this week to just over 2 NOK midweek and just under by Thursday with pricing evenly spread across the weight classes.

Next Week

Indications for the index for next week are coming in at around 71.90 NOK Friday offered levels for the index – so 0.50 NOK lower from yesterday’s close.

Spreads are around 3.00 NOK level between 3-6’s a slight extension from last week as the market again finds its level.

The EUR NOK FX rate this afternoon is moving around the 10.46 levels so a little lower than yesterday. This makes the offered price in Euro’s around 6.87 FCA Oslo this afternoon.

Volumes – Fresh Export Whole Salmon

Volume figure for week 42 (2026) was 27,689 as compared to 26,448 for the same week last year UP
1,241 tons some 4.69% HIGHER. Volumes for whole salmon weeks 43 and 44 (2025) were 25,886 and 24,875 respectively for comparison.

Historical Price Guidance for Next Week

The LFEX Norwegian Exporters Index for Week 44 2025 ended the week DOWN -1.35 NOK / -1.72% to stand at 77.18 NOK (in EUR terms 6.61 / -0.17 / -2.48%) FCA Oslo. The NOK rate ended UP at 11.67 (+0.09 / +0.78%) to the Euro. The Fish Pool Euronext future December was reported FLAT Thursday to Thursday at 6.87 EUR, (0.00 / +0.00%) approximately 80.17 NOK.

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

Did You Know?

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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. Can I communicate in a different language on the platform?

A. The good news is that the chat service supports multilanguage / characters meaning as long as users have the necessary input keyboard, they can communicate in any language they choose. This includes Chinese characters – for which you can use Google translate to …translate, as well as the ever-helpful emojis.