Norway salmon prices reached peaks

Norway salmon prices reached peaks

The price of salmon reached peaks; it was trading at more than 75 Norwegian crowns per kilo on Friday 16 December.

Will there be smoked salmon at Christmas? In this small world of food, where we regularly like to shake the consumer by evoking the specter of a shortage – with the choice of cocoa, wine or foie gras – the question this time is not totally Incongruous. French industrialists who smoke fatty fish are worried. They are not sure to offer the entire assortment in store, Scottish salmon or under label, very sought after, becoming rarer.

Another edge for the manufacturers, the course of the salmon reaches the peaks. The situation is not new. Since the beginning of the year, it sails in high waters. Carried by an unstoppable bullish wave, it even surpassed the historic barrier of 75 kroner (7.60 euros) per kilo in June on the Fish Pool futures market in Bergen, Norway.

“Some people talk about 100 crowns ($11.5) per kilo. That’s too much. We assume 75 crowns per kilo for the smallest fish of 2-3 kilo next week and up to 85 crowns for the biggest fish above 6 kilo,” Reuters quoted a producer who declined to be named.

Norway is the world’s top salmon exporter, with leading producers including Marine Harvest, Salmar, Leroy Seafood, Grieg Seafood and Norway Royal Salmon.

You must be logged in to post a comment Login