Salmon prices on the march again

Fresh salmon prices in Norway are starting to rise sharply again, according to the latest figures from Statistics Norway which monitors trends on a weekly basis. During week 4 prices rose by 4.6% to NOK 104.48 per kilo (£7.87) and that was for the period before the storms in the north of the country hit…

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Salmon prices on the up?

After weeks in the doldrums, farmed salmon prices may be turning the corner. Fresh and chilled salmon increased by just under five per cent last week to around NOK 50.77 per kg, according to the latest figures from Statistics Norway which closely monitors price trends in the seafood sector. However, while prices for large salmon…

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Salmon facing \’challenging time\’ say analysts

SALMON prices are heading down and into a challenging period over the next three months, the latest industry intelligence reports suggest. The downward pressure appears to be due to increased output across the northern hemisphere producing countries and lower demand, most it due to the fallout from coronavirus. In Norway the salmon biomass has increased…

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Salmon facing \’challenging time\’ say analysts

SALMON prices are heading down and into a challenging period over the next three months, the latest industry intelligence reports suggest. The downward pressure appears to be due to increased output across the northern hemisphere producing countries and lower demand, most it due to the fallout from coronavirus. In Norway the salmon biomass has increased…

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Norwegian farmers taking salmon price hit

NORWEGIAN fish farmers are facing a marked decline in the price of fresh salmon this week for the first time since the Covid-19 crisis hit more than six weeks ago. Figures from Statistics Norway show that the kilo price of fresh or chilled salmon fell by seven per cent to NOK 67.74 over the past few days, while exports declined…

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Costs and lice dampen Mowi Scotland Q4 performance

ALTHOUGH Mowi Scotland achieved record harvests last year due to smolt stocking, the financial performance was dampened by higher costs and challenging biological issues, the company said today as it published results for the fourth quarter of 2019. As reported last month, Scotland’s Q4 harvest rose by more than 2,000 tonnes to just over 14,000 tonnes. The…

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Asset sale boost for Norway Royal Salmon

NORWAY Royal Salmon today reported lower margins for both the final quarter last year and for the whole of 2019. But the results are generally seen as reasonably satisfactory and the company benefited considerably from the substantial asset sale of its southern Norwegian business to local fish farming companies. The company announced a Q4 operational EBIT of…

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Norwegian exports fly high despite coronavirus

NORWEGIAN seafood exports got off to a flying start in January despite coronavirus affecting business with China during the final week of the month. Overseas sales totalled 207,000 tonnes, the same as January 2019, but they increased in value by 15 per cent or NOK 1.2 billion (£100 million) to NOK 9.8 billion (£819 million),…

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Salmon prices tumble in coronavirus chaos

SALMON spot prices in Norway tumbled further over the weekend as China, one of its main markets, faced almost total shutdown on the back of the coronavirus outbreak. The average price reduction in Norway is around 10 kroner per kilo for most size salmon, with further reductions expected in the week ahead. Five to six kilo…

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New Russian ban on Norwegian salmon imports

RUSSIA is claiming to have found the restricted substance crystal violet in Norwegian fish processed in neighbouring Belarus, according to reports from Norway. Also known as gentian violet, crystal violet is used to treat fungal infections and for dying materials such as wood and paper. But the US Food and Drug Administration has said it should…

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