LFEX European Aquaculture Snapshot to 4th August, 2022

John Ersser - The London Fish Exchange

Published: 5th August 2022

This Article was Written by: John Ersser

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The LFEX Norwegian Exporters Index week 31 was up +1.40%, +1.01 NOK to stand at 73.26 NOK FCA Oslo Week ending Thursday vs previous Thursday.

The NOK remained flat ending at 9.87 to the Euro over the period Thursday to Thursday -0.01 NOK or 0.10%. The Fish Pool future August was down -1.00 NOK at 72.25 NOK.

After the volatility and price drops of the last few weeks, the market found its equilibrium this week, with exporters offered prices set at just over 73 NOK. Prices popped up slightly on the open at 72.99 or 1% higher and maintained just over 73.50 NOK for the rest of the week save for Thursday which gave back 0.50 of a NOK. EURNOK finished unchanged, although gave back a little intra week after last weeks’ strength. Next week prices are set to remain around these levels, most fish is with the big integrated companies with some more volume to come through. Maybe stronger demand for 5/6 fish, with potential for a slight softening in price later in the week. As usual, we will see…

David Nye’s analysis for a Technical viewpoint 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 4th August, 2022

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Did You Know?

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