The London Fish Exchange

LFEX European Aquaculture Snapshot to 5th June, 2026

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The LFEX Norwegian Exporters Index for Week 23 2026 ended the week DOWN -5.54 NOK / -7.50% stand at 68.32 NOK (in EUR terms 6.31 / -0.53 / -7.80%) FCA Oslo Week ending Thursday to Thursday.

The NOK rate ended UP at 10.83 (+0.04 /+0.32%) to the Euro to yesterday Thursday. The Fish Pool Euronext future July was reported FLAT at 6.74 EUR (0.0% / 0.00) for the same period with August showing 6.34.

The Last Week

A solidly down week. We saw offered prices fall off last Friday as the index opened at 71.01 down 2.85 NOK or -3.86% from last weeks close Thursday. Monday took another 1 NOK out of the index and while Tuesday got a small reprieve to 70.29, Wednesday and Thursday were solidly off at 88.52 and a close level of 68.32. Pretty much one way traffic softer with good volumes.

The FX rate firmed a little more this week in line with weaker oil. We saw the rate rise from 10.79 to 10.81 by Wednesday, a brief wobble back down to 10.77 and then continue trajectory up, showing 10.86 at a peak on Thursday.

Average spreads 3-6 closed in to less than 1 NOK, and 4-6s were closely offered on Thursday.

Next Week

Indications for next week are coming in at around offered 68.10 NOK Friday offered levels for the index, which is just off the Thursday close yesterday. There are reports of good volumes of fish being harvested and coming through again with good fish growth.

Spreads are around 1.1 NOK between 3-6s, 5-6s slightly bigger spread and a change from yesterday.

The EUR NOK FX rate this afternoon has crept down to the 10.84 level having come off its earlier highs of 10.86 earlier today. This makes the price in Euro’s around 6.28 FCA Oslo this afternoon.

Volumes – Fresh Export

Volume figure for week 22 (2026) was 19,539 tons, UP 1,316 tons as compared to 18,233 in 2025 some 7.22% HIGHER. Volumes for weeks 23 and 24 (2025) were 19,164 and 18,505 respectively for comparison.

Historical Price Guidance for Next Week

The LFEX Norwegian Exporters Index for Week 24 2025 ended the week DOWN -1.80 NOK / -2.29% to stand at 76.85 NOK (in EUR terms 6.65 / -0.19 / -2.71%) FCA Oslo. The NOK rate ended UP at 11.56 (+0.05 / +0.43%) to the Euro. The Fish Pool Euronext future July was reported UP Thursday to Thursday +0.25 / +4.10% at 6.35 EUR, approximately 73.40 NOK.

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

Did You Know?

The LFEX platform helps sellers manage and distribute multiple prices to different customers in real-time on the system.

Customers are different and have different demands, whether it is sizes, classifications, certifications, currencies or INCO terms. The platform allows sellers to manage this process, getting bespoke pricing out to a universe of customers quickly and easily allowing buyers more immediate access to offers to see and react to.

FAQ’s

Q. How does your weekly pricing change work?

A. The index is a useful tool for overall pricing as well as tracking intra week volatility and we calculate and publish the index every day. We report the weekly change based on the change from the previous Thursday – effectively that week’s close to the Thursday of that following week. This gives an accurate measure of the actual change week on week, especially useful when pricing has gapped between the Thursday close and Friday pricing. The index will show how it changed during that week, capturing the opening levels as prices and sales are pushed at the start of the week and where it ends up, and is a useful indication of intra week sentiment.