Farmed salmon prices mixed across global markets

According to market data, the spot price of farmed salmon in Norway and Scotland is expected to continue to decline in week 45 of 2024 (the week of November 4), while the price of Chilean salmon has risen slightly. Overall, the price trends in major markets show different fluctuations, mainly affected by European holidays and demand. After experiencing high supply in September and early October, the Norwegian salmon market has gradually recovered to the same period of previous years. At present, the price of Norwegian salmon of 4-5 kg has dropped by at least 5 Norwegian kroner (NOK) to 68 NOK per kg. A European processor revealed that the landed price of 3-4 kg salmon in week 45 was 6.05 euros/kg , 4-5 kg size is 6.50 euros/kg, and 5-6 kg size is 6.90 euros/kg. These prices fell by 0.20 to 0.40 euros compared with the previous week. The recent price fluctuations are also affected by the holidays in many European countries on November 1 and 11, and weak demand has exacerbated the ...