LFEX European Aquaculture Snapshot to 27th January, 2022

John Ersser - The London Fish Exchange

Published: 28th January 2022

This Article was Written by: John Ersser

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  Market Insight – Europe

The market was overall up this week with the LFEX Norwegian Exporters prices +0.39% higher, +0.28 NOK at 71.98 NOK FCA Oslo Week 4 ending Thursday vs previous Thursday price.

The NOK slightly softer against the Euro at 10.00 up +0.4% or +0.04 NOK Thursday to Thursday and the Fish Pool future January climbed +1.00 to 69.75 NOK, 1.45% better over the same period.

The numbers don’t tell the whole story of the week however. The market opened down on Friday at 69.98, -1.72 NOK lower, but pushed up to the high on Wednesday at 73.19 for a range of 4.6% in the week, then again easing on Thursday, and the NOK jumped vs the Euro mid-week before landing pretty much in the same spot. Shortage of supply in 3 – 6’s keep prices up, along with strong demand for 6+ and frozen fillets. Covid is affecting staffing in packing stations and processors. Next week the weather will be a potential factor for harvesting as well as Covid in packing stations.

  Market Data (Click Each to Expand)

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

Prices Ending 27th January, 2022

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