Posts Tagged ‘salmon prices’
Salmon prices drop in coronavirus slump
SALMON prices fell back sharply in Norway at the weekend with the coronavirus outbreak in China largely to blame. China is a major and expanding market for Norwegian frozen salmon but with the city of Wuhan, population 11 million, where the virus first hit, in virtual lockdown and travel severely restricted in many other cities and…
Read MoreSalmon prices at record levels
FRESH salmon prices in both Norway and Scotland have been disappearing off the seafood radar screen due to unprecedented high levels since New Year. Spot prices touched more than NOK 78 per kilo in Oslo, while in Scotland they hit between £8 and £8.50 a kilo (NOK 92 to NOK 98). And while they are expected to…
Read MoreSalmon prices will bounce back says analyst
SALMON prices, which have fallen sharply in recent weeks, will bounce back, a leading industry observer has predicted. In some instances, prices have dropped to NOK 40 per kilo, production cost levels, and below. Seafood analyst Christian Olsen Nordby, of the international financial services and research company Kepler Cheuvreux, said the lower prices had led…
Read MoreLay-offs ‘inevitable’ in algae crisis
SEAFOOD Norway, the body which represents the country’s fishing and aquaculture industry, has warned there are likely to be serious economic consequences from the large algae outbreak which has devastated salmon farms in the Nordland and Troms regions. Around 13,000 tonnes, or eight million fish, worth more than two billion kroner have been lost in…
Read MoreFresh salmon prices surging
THE price of fresh salmon has shot up by almost ten per cent during the past week, according to the latest statistical data from Norway. It was running at 65.65 kroner per kilo at the end of week nine, an increase of 9.4 per cent, reports the financial news website e.24.no. Prices have been swinging…
Read MoreMowi makes impressive debut
A STRONG demand for salmon and higher prices have helped newly branded Mowi make an impressive New Year debut. The company, which has changed its name from Marine Harvest, today reported a 2018 fourth quarter operational EBIT (earnings before interest and tax) of €213 million, up from €181 million for the corresponding period in 2017.…
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