LFEX European Aquaculture Snapshot to 9th October, 2026

John Ersser - The London Fish Exchange

Published: 9th October 2026

This Article was Written by: John Ersser

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The LFEX Norwegian Exporters Index for Week 41 2026 ended the week DOWN -0.18 NOK /- 0.26% to stand at 69.74 NOK (UP in EUR terms 6.51 / +0.08 / +1.23%) FCA Oslo Week ending Thursday to Thursday.

The NOK rate ended DOWN at 10.71 (-0.16 / -1.47%) to the Euro to yesterday Thursday. The Fish Pool Euronext future November was reported FLAT at 6.45 EUR (+0.00% / +0.00) for the same period with December showing 6.93.

The Last Week

Flat. Offered prices opened down last Friday at 69.78 a decrease of 0.14 NOK / -0.20% over last weeks close (69.92), and until Thursday this was the low of the week. The market ticked up Monday and Tuesday to the high of 70.65 and was pretty flat Tuesday and Wednesday and closed out at 69.74 fractionally lower over the trading week. Another week of good volumes and flat pricing. Although we did see a softening at the end of the week which can indicate unsold stock.

The FX rate was busy this week as the rate dropped from 10.83 on Friday to a bottom of 10.695 by Wednesday. While we didn’t see a retracement back up, we did see a pickup to 10.71 after midday on Thursday. A stronger NOK meaning prices in Euro’s went up over the week, while the NOK price actually went down by the end of the week.

Spreads on 3-6s remained all week at around 5 NOK, with the larger 5-6s only showing a small premium difference (3 NOK to 4-5s), with all sizes inching up and down in unison during the week.

Next Week

Indications for the index for next week are coming in at around 71 NOK Friday offered levels for the index – so 1.25 NOK up from yesterdays close and up small from the average last week.

Spreads are a little over 5.5 NOK level between 3-6’s similar to last week.

The EUR NOK FX rate this afternoon is moving around the 10.725 levels so approximately where we were yesterday and therefore a stronger NOK than recently. This makes the offered price in Euro’s around 6.62 FCA Oslo this afternoon.

Volumes – Fresh Export Whole Salmon

Volume figure for week 40 (2026) was 30,277 as compared to 24,009 for the same week last year UP
6,268 tons some 26.11% HIGHER. Volumes for whole salmon weeks 41 and 42 (2025) were 26,112 and 26,448 respectively for comparison.

Historical Price Guidance for Next Week

The LFEX Norwegian Exporters Index for Week 42 2025 ended the week UP +2.64 NOK / +3.74% to stand at 73.26 NOK (in EUR terms 6.25 / +0.17 / +2.85%) FCA Oslo. The NOK rate ended UP at 11.73 (+0.10 / +0.86%) to the Euro. The Fish Pool Euronext future November was reported DOWN Thursday to Thursday at 6.20 EUR, (-0.10 / -1.59%) approximately 72.7 NOK.

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

Did You Know?

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