Price Drop of Fresh Chilean Salmon Fillets in the US Market in W45

The price of fresh Chilean salmon fillets in the North American market suffered a price drop of USD 0.10/lb in W45 due to oversupply. In W45, FOB prices in Miami for Chilean salmon fillets stood at USD 5.55-5.75/lb for the 2/3 lbs and US 5.65-5.85 for the 3/4 lbs. Closer to Thanksgiving day (Thursday, November 24), prices are forecasted to drop further as demand for turkey increases and for salmon decreases.