Climbing salmon prices – on increased volumes

Rise for next week’s deliveries.

A northern Norwegian salmon farmer confirmed the rising prices.

“Yes, we’ve been running at full steam this week,” he said to SalmonBusiness. [factbox]

He added that they currently have a high activity at the processing plant. Increased harvest volumes seem to be well received in the market.

“It [the price] has corrected itself. I must say there are nice prices with the history we have seen in the last couple of months,” said another fish farmer with reference to well-known corona problems.

“Everyone makes money at this level. No one has problems taking positions at this level today,” he said.

Not all market participants are equally satisfied with the price increase:

“It is only here at home [in Norway], not in the [international] market. They have to pay the increased price those who can. The farmers are pushing. The cheapest is probably not to buy fish today,” said an exporter.

However, there is no major increase. The average price stays with this in the fairly even and narrow level it has made over the last nine weeks.

SalmonBusiness’ five industrial sources referred to the following farm gate price, for fish to be delivered in the coming week:

  • 3-4 kg NOK 44-45 (EUR 4.2-4.3)
  • 4-5 kg ​​NOK 46-48 (EUR 4.4-4.7)
  • 5-6 kg NOK 49-51 (EUR 4.8-5.0)
  • 6+ kg NOK 54-60 (EUR 5.3-5.9)

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