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Norway – Salmon prices at week 39

Salmon spot prices went down last week (38) for deliveries this week (39). Export volume was up for fresh salmon from 12,597 tonnes in week 37 to 13,516 tonnes in week 38, 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 35: PFI in EUR: 4.67, FPI in NOK: 37.12, NOK/EUR: 7.94
Week 36: FPI in EUR: 4.51, FPI in NOK: 35.51, NOK/EUR:7.88
Week 37: FPI in EUR: 4.48, FPI in NOK: 35.47, NOK/EUR: 7.91
Week 38: FPI in EUR: 4.66*, FPI in NOK: 36.97*, NOK/EUR:7.93

 *Preliminary FPI

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

Fish Pool Index vs Total Export Volumes. (Graph: Fish Pool)

Fish Pool Forward prices

The forward price reflects the expectations of the Fish Pool’s Members for the next 24 months. The prices are assessed by contracts made as well as interests to buy or sell at Fish Pool and are indications for information purposes only.  

Q4 was last traded at NOK 35.00, is now NOK 34.50 vs 37.50.

Year 2011 was last traded at NOK 35.15, down from NOK 35.50. Now best buyer Y-2011 at NOK 35.20.

Q1-11 is at NOK 35.75 vs 36.00.

Q3+Q4-11 is now at NOK 34.75 vs 35.00.

Source: fis

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