P/F Bakkafrost logo

BAKKAo - P/F Bakkafrost News Story

NOK716.6 55.0  8.3%

Last Trade - 06/05/21

Consumer Defensives
Large Cap
Market Cap £3.59bn
Enterprise Value £3.84bn
Revenue £540.2m
Position in Universe 163rd / 1831

Norwegian salmon exports to China rose last week

Thu 22nd March, 2018 1:47pm
OSLO, March 22 (Reuters) - Norway exported 307 tonnes of
fresh salmon to China last week, up from 215 tonnes the previous
week and up from 45 tonnes during the same week a year ago, data
from Seafood Norway showed on Thursday.
    Norwegian producers see Chinese demand as an important
factor to balance growing global salmon supply.
    Overall export total volumes rose to 17,890 last week from
15,377 tonnes in same week a year ago. 
    Norway's average export price last week stood at 68.55
Norwegian crowns per kilo compared to 62.03 crowns in the same
week of 2017. It was only the third time this year that prices
were higher than in the corresponding year-ago week.
    The European Union is by far the biggest export market for
Norwegian salmon, buying 80.3 percent of volumes last week, up
from 80.1 percent the previous week.
    Combined for China and Vietnam, volumes last week dropped 
to 400 tonnes from 612 tonnes in same week last year. 
    Separately, volumes to Hong Kong rose to 397 tonnes last
week from 175 tonnes in same week last year.

 (Reporting by Ole Petter Skonnord, editing by Terje Solsvik)
 ((olepetter.skonnord@thomsonreuters.com; 0047 23 31 65 97;))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.