Salmon Spot Price: Flat
Prices edge up slightly to EUR 5.42 for week 28.
Norwegian salmon spot prices are expected to edge higher next week, although the market remains near multi-year lows as heavy supply continues to weigh on prices.
Industry sources surveyed by SalmonBusiness expect Superior 3–6kg salmon to trade at around EUR 5.42/kg (USD 6.20/kg) FCA Oslo in week 28, up around EUR 0.09/kg from the previous week.
The modest increase comes despite exceptionally strong export volumes. Figures from the Norwegian Seafood Council show exports reached 37,300 tonnes in week 26, up 19% year-on-year and a level normally not seen until late August. Export value rose 16% year-on-year, while the four-week rolling export value increased 11.7%.
Analysts said the combination of high harvest volumes and subdued prices continues to pressure profitability. At the same time, rising marine ingredient costs are expected to squeeze margins further into 2027 unless salmon prices recover.
Each week, Salmon Business gathers salmon price forecasts from industry analysts for the week ahead. Unless otherwise stated, prices refer to Superior 3–6 kg salmon, per kilo FCA Oslo, converted using the day's average exchange rate.