LFEX European Aquaculture Snapshot to 2nd November, 2023

John Ersser - The London Fish Exchange

Published: 3rd November 2023

This Article was Written by: John Ersser

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The LFEX Norwegian Exporters Index for Week 44 2023 ended the week up +2.48%, +1.92 NOK to stand at 79.26 NOK (in EUR terms 6.68 / + 0.16 / + 2.40%) FCA Oslo Week ending Thursday vs previous Thursday.

The NOK rate ended flat at 11.87 to the Euro over the period Thursday to Thursday +0.01 NOK or +0.08%. The Fish Pool future November was reported down -1.50 NOK, -1.86% at 79.0 NOK.

The index price opened on the Friday at 76.57 NOK / – 1%, -0.77 NOK in-line with expectations for a flat start to a pretty flat pricing week. Monday saw the 77 level again, with Tuesday at 79.04 with slightly stronger prices on the 5/6s. Wednesday flat at 78.62 and the week closed out at 79.26, with 4/6s prices coalescing around the same 79.3 level. A stable week of activity which is expected to continue next week – week 45 with volumes, demand and FX rates stable. Current indications are at 78 / 78.75 / 79 levels for next week. Updated index pricing as usual will be published later today.

David Nye’s technical analysis report will be published on Monday.

  Market Data (Click Each to Expand)

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

Prices Ending 2nd November, 2023

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