Norwegian salmon price seen at NOK 50-51/kilo next week - industry sources

Austevoll Seafood ASA

23/11/2018 13:27

OSLO, Nov 23 (Reuters) - Norwegian farmed salmon is expected
to trade in a 50-51 crowns per kilo price range for deliveries
in Oslo next week, up from 49-50 crowns this week, two industry
sources told Reuters on Friday.
    A salmon producer expected prices at 50-51 crowns per kilo
while an exporter predicted a level of 51 crowns. Both declined
to be named.
    Prices this week had been expected in the range 48-49 crowns
per kilo but came out somewhat higher.
     "There is a lot of fish going to be harvested," the
producer said while the exporter said the market was "very
quiet".
    In the forward market, prices for all contracts up to 2020
-- except for the November 2018 and third-quarter 2019 contracts
-- were quoted above 60 crowns per kilo.   
    The highest price was for the second quarter 2019 contract,
which stood at 65.40 crowns per kilo, although prices have
fallen for most contracts on Friday.

 (Reporting by Ole Petter Skonnord, editing by Terje Solsvik)
 ((olepetter.skonnord@thomsonreuters.com; 0047 23 31 65 97;))