The London Fish Exchange

LFEX European Aquaculture Snapshot to 26th June, 2026

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The LFEX Norwegian Exporters Index for Week 26 2026 ended the week DOWN -2.51 NOK / -3.80% stand at 63.59 NOK (in EUR terms 5.67 / -0.28 / -4.74%) FCA Oslo Week ending Thursday to Thursday.

The NOK rate ended UP at 11.22 (+0.11 /+0.99%) to the Euro to yesterday Thursday. The Fish Pool Euronext future July was reported DOWN at 6.25 EUR (-3.10% / -0.20) for the same period with August showing 6.03.

The Last Week

A negative week but flattening trend. The week opened weakly down 1.07 NOK / 1.62% versus the close last Thursday at 65.03 as negative volume sentiment and hot weather suppressed pricing. Monday held but Tuesday saw more weakness at 65 NOK and Wednesday a further half NOK lower at 63.61. Thursday ran out flat at 63.59. Good availability continues to soften prices.

Friday FX rate was volatile but upwards moving, and apart from a hiccup on Monday when the rate gave back a little to 11.08, the FX rate again saw a one-way movement as the oil prices continued to drop. Both Bent and WTI saw prices drop below USD 75 this week. The effect of this was to close the euro index level at 5.67 on Thursday as the currency rate moved 1.00% over the week.

Average spreads 3-6s have come in a little to 3 – 3.5 NOK with 5-6s slightly widened.

Next Week

Indications for next week are coming in at around 64.5 NOK Friday offered levels for the index, slightly higher than Thursdays close. Continued good volumes coming through especially in the 3-5’s weight class which is exerting downward pressure on prices in these sizes.

Spreads are around 5 NOK between 3-6s, 5-6s at a 3+ premium compared to 3-5’s.

The EUR NOK FX rate this afternoon has jumped to the 11.30 level this afternoon having consistently increased across the day. This makes the offered price in Euro’s around 5.70 FCA Oslo this afternoon.

Volumes – Fresh Export

Volume figure for week 25 (2026) was 25,866 tons, UP 3,534 tons as compared to 22,332 in 2025 some 15.82% HIGHER. Volumes for weeks 26 and 27 (2025) were 21,712 and 22,602 respectively for comparison.

Historical Price Guidance for Next Week

The LFEX Norwegian Exporters Index for Week 27 2025 ended the week DOWN -5.52 NOK / -7.97% to stand at 63.78 NOK (in EUR terms 5.37 / -0.50 / -8.51%) FCA Oslo. The NOK rate ended UP at 11.87 (+0.07 / +0.59%) to the Euro. The Fish Pool Euronext future August was reported FLAT Thursday to Thursday at 5.90 EUR, approximately 70.03 NOK.

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

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FAQ’s

Q. How can I better draw attention to my orders entered on LFEX?

A. An old trading adage says “size opens your eyes”. Yes, a good price is nice at getting attention, but if you are willing and able to move a good volume of product it will capture attention and may help in getting the trade/s completed.