The London Fish Exchange

LFEX European Aquaculture Snapshot to 4th September, 2026

---

The LFEX Norwegian Exporters Index for Week 36 2026 ended the week DOWN -0.57 NOK /- 0.85% to stand at 66.14 NOK (in EUR terms 6.12 / -0.02 / -0.21%) FCA Oslo Week ending Thursday to Thursday.

The NOK rate ended DOWN at 10.80 (-0.07 / -0.64%) to the Euro to yesterday Thursday. The Fish Pool Euronext future October was reported DOWN at 5.97 EUR (-2.45% / -0.15) for the same period with November showing 6.45.

The Last Week

(Another) softer week. Offered prices opened down last Friday at 65.35 a fall of 1.36 NOK / -2.04% over last weeks close (66.71), and this was however the low of the week as prices were marked down with significant volumes coming through and anticipated price weakness predicted. Monday saw a minor perk up to 66.13 but in reality, the index flat lined for the week around the 66 NOK offered levels, finishing off at 66.14.

The FX rate saw some intra week volatility after sitting around the 10.86 level last Friday we saw a significant but short-lived drop on Monday to 10.80 levels before rebounding to similar 10.85 levels. Overall, the rate then tracked lower to end up around the 10.80 to the end of the week Thursday.

Spreads on 3-6s tightened remained around 2.5 NOK by the end of the week with the larger fish trading at a smaller premium.

Next Week

Indications for the index for next week are coming in at around 66.5 NOK Friday offered levels for the index – some 1.5 NOK higher than this time last week and flat from yesterday. Lots of fish coming through that needs to be sold. Prices are pretty level at the moment.

Spreads are around the 3.5 NOK level between 3-6’s wider than yesterday indicating a little more variance in pricing. The larger fish 5/6s are slightly wider spread than the 2-5’s.

The EUR NOK FX rate this afternoon is around the 10.81 levels so not much movement here. This makes the offered price in Euro’s around 6.15 FCA Oslo this afternoon.

Volumes – Fresh Export Whole Salmon

Volume figure for week 35 (2026) was 30,487 as compared to 27,726 for the same week last year UP
2,761 tons some 9.96% HIGHER. Volumes for whole salmon weeks 36 and 37 (2025) were 26,744 and 24,791 respectively for comparison.

Historical Price Guidance for Next Week

The LFEX Norwegian Exporters Index for Week 37 2025 ended the week UP +4.99 NOK / +7.23% to stand at 74.03 NOK (in EUR terms 6.38 / +0.50 / +8.52%) FCA Oslo.The NOK rate ended DOWN at 11.61 (-0.14 / -1.19%) to the Euro. The Fish Pool Euronext future October was reported UP Thursday to Thursday at 5.80 EUR, (+0.45 / 8.41%) approximately 67.34 NOK.

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

Did You Know?

As a manager you can get a snapshot in moments of the activity in your business.

You can see all order histories with ease on the platform. You can sort and search and see who are the biggest parties, discover who is buying / selling at optimal prices, and identify those companies to focus more on and reduce supply shock exposure by evaluating history. It’s all at your fingertips.

FAQ’s

Q. How flexible is the system if my specifications are complex?

A. This is a great question, and the answer is ultimately infinitely flexible. User feedback can be added very quickly to the system along we new features and parameters to the system to ensure that users demands are met. Data capture and communication are key. The system also offers multiple ways of communicating in addition to the core order/trading functions, including order commentary and chat to ensure that you can always communicate clearly with counterparties.