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Salmon prices decline

Salmon spot prices continued to stay low last week. Although, export volumes of fresh salmon surpassed the 12,000 tonnes seen last week, indicating that they have been on an upward trend recently, reports Fish Pool ASA.

The Fish Pool Index – Spot Market Prices (fresh salmon 3-6 kg, FCA Oslo) for the latest four weeks were as follows:

Week 31: FPI in EUR: 4.88, FPI in NOK: 38.49, NOK/EUR: 7.88
Week 32: PFI in EUR: 5.13, FPI in NOK: 40.64, NOK/EUR: 7.93
Week 33: FPI in EUR: 5.41, FPI in NOK: 42.92, NOK/EUR: 7.93
Week 34: FPI in EUR:5.21*, FPI in NOK: 41.55*, NOK/EUR: 7.97

 *Preliminary FPI

 

The preliminary FPI is based on previous values. The final FPI will be completed next Friday, when all of the 5 price elements have been updated. 

Fish Pool Forward prices

The forward price reflects the expectations of Fish Pool’s Members for the next 24 months. The prices are indicated by any contracts made, as well as interests to buy or sell at Fish Pool, however they are merely possible indications and should be used for information purposes only.

The figures indicate a decline from September to December.

Q4-10 traded at 34.15 NOK/kg, now NOK 33.75 vs 34.80.

Although there are no major changes in price for 2011 and 2012.

Year 2011 is now NOK 34.50 vs 35.00. Year 2012 is now NOK 32.50 vs 32.75.

January to June 2011 is still at NOK 35.00 vs 36.50.

Source: fis

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