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Market Cap £3.49bn
Enterprise Value £3.76bn
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Position in Universe 164th / 1832

Norwegian salmon exports to China rose further last week

Thu 18th January, 2018 11:39am
OSLO, Jan 18 (Reuters) - Norwegian salmon exports to China 
rose to 399 tonnes last week from 88 tonnes the previous week, 
and from 58 tonnes in the corresponding week last year, data 
from Seafood Norway showed on Thursday. 
    The Chinese volumes remain small however when compared to 
Norway's overall salmon exports, which last week hit 17,101 
tonnes. 
    The industry considers a recovery of salmon exports to the 
Chinese market as important, as output has risen this year and 
prices have fallen sharply. 
    In late 2016, Norway and China began to normalise political 
and trading relations following a diplomatic row over the 2010 
award of the Nobel Peace Prize to a Chinese dissident. 
    The European Union is by far the biggest export market for 
Norwegian salmon, buying 78 percent of volumes last week, down 
from 80 percent before Christmas. 
    Norway's average export price last week stood at 57.36 
Norwegian crowns per kilo compared to 72.56 crowns in the same 
week of 2017, when total export volumes amounted to 13,239 
tonnes. 
 
 (Reporting by Ole Petter Skonnord, editing by Terje Solsvik) 
 ((olepetter.skonnord@thomsonreuters.com; 0047 23 31 65 97;)) 
 
Keywords: NORWAY SALMON/CHINA
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