The London Fish Exchange

LFEX European Aquaculture Snapshot to 24th July, 2026

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The LFEX Norwegian Exporters Index for Week 30 2026 ended the week UP +1.34 NOK /+ 1.97% stand at 69.52 NOK (in EUR terms 6.35 / +0.19 / +3.08%) FCA Oslo Week ending Thursday to Thursday.

The NOK rate ended DOWN at 10.95 (-0.12 /-1.08%) to the Euro to yesterday Thursday. The Fish Pool Euronext future August was reported UP at 5.67 EUR (+0.35% / 0.19) for the same period with September showing 5.70.

The Last Week

A continuing upward trend. Offered prices dropped 0.54 NOK last Friday beginning of the week to 67.64 after a reasonably strong up week previously. This was the bottom for the week. While price progression wasn’t a linear up-trend we saw good movement on Monday to 68.85, Tuesday was flat and Wednesday dipped slightly to 68.57 with the week closing out a NOK higher at 69.52. Again good volumes finding homes.

Friday FX rate tracked lower breaching 11 levels to close out the week at 10.95. The rate fell consistently from 11.04 Friday to these levels. This is despite the oil price picking up again this week as tempers flared in Iran.

Average spreads 3-6s were around 4.0 NOK with the larger fish trading at a premium.

Next Week

Indications for next week are coming in at around 71 NOK Friday offered levels for the index is up a little from Thursdays close (+1.5 NOK).

Spreads are around 5 NOK between 3-6’s with the larger fish maintaining a decent premium over the 2-4s.

The EUR NOK FX rate this afternoon is lower again dipping to around the 10.90. This makes the offered price in Euro’s around 6.51 FCA Oslo this afternoon.

Volumes – Fresh Export

Volume figure for week 29 (2026) was 28,165 as compared to 24,412 for the same week last year UP 3,753 tons some 15.37% HIGHER. Volumes for weeks 30 and 31 (2025) were 26,055 and 25,317 respectively for comparison. Interestingly week 29/2024 was 18,177 by way of reference to the significant uplift in volumes we are seeing.

Historical Price Guidance for Next Week

The LFEX Norwegian Exporters Index for Week 31 2025 ended the week DOWN -2.64 NOK / -4.60% to stand at 54.75 NOK (in EUR terms 4.64 / -0.19 / -3.95%) FCA Oslo. The NOK rate ended DOWN at 11.80 (-0.08 / -0.67%) to the Euro over the period. The Fish Pool Euronext future September was reported DOWN Thursday to Thursday at 5.25 EUR, (-0.30 / -5.41%) approximately 61.95 NOK.

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

Did You Know?

You can find historical weekly reports and data from LFEX going back over 5 years.

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FAQ’s

Q. As a seller how can I manage my inventory as efficiently as possible?

A. You can set-up an offer and send it to multiple counterparties at the same time. You can negotiate and manage this volume between the counterparties and sell full or part of this inventory. Importantly the system won’t let you over-sell inventory you don’t want to offer / don’t have. At times of stress it helps to be showing volume to as many customers a possible to get orders.