Global salmon price volatility intensifies, with overall declines in the Chinese market

Published 2025년 3월 3일

Tridge summary

The spot price of Norwegian salmon has seen a decrease of 7-10 NOK/kg due to an oversupply, with the current price ranging from 82 NOK/kg to 90 NOK/kg for different sizes. The market expects further price drops. Meanwhile, Chilean salmon fillets have experienced a price increase in the US market, driven by Valentine's Day demand. In contrast, the European and Chinese markets have seen stable or slightly decreasing prices for salmon, with the Chinese market facing losses due to weak demand and a slowdown in sales speed. Upcoming risks for the market include potential further downward pressure on prices, and suppliers are under price pressure with a narrowing price gap between salmon sizes and a decreasing premium for large-sized fish.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to industry sources, the spot price of Norwegian salmon has dropped by 7-10 NOK/kg month-on-month due to high supply. Currently, the price of 4-5 kg is about 82 NOK/kg (equivalent to 7.32 USD/kg), 5-6 kg is about 86 NOK/kg, and the price of more than 6 kg is about 90 NOK/kg. The market expects that there will still be downward pressure on prices. Chilean salmon fillets performed strongly in the US market. Driven by Valentine's Day demand, the previous discounted inventory was quickly cleared, causing the market price to continue to rise. FOB Miami quotations show that 2-3 pound sizes The price of salmon fillets rose to $6.30-6.45/lb, the 3-4 lb size rose to $6.40-6.55/lb, and the 4-5 lb size rose to $6.50-6.65/lb, all up $0.05/lb from the previous week. In the European market, the price of salmon in the Rungis International Wholesale Market in France remained stable, with the 6-7 kg size quoted at 9.50 euros/kg, the 5-6 kg size at 9.40 euros/kg, the 4-5 kg size at 9.00 ...
Source: Foodmate

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