Norwegian farmed salmon spot prices continue to rise, Scotland and Chile also rise

Published 2024년 11월 25일

Tridge summary

Salmon spot prices in Norway, Scotland, and Chile are expected to continue rising in week 48 due to stormy weather affecting fishing, low supply, and sea lice problems. The average price in Norway is expected to be NOK 80.30 per kg in the fourth quarter and NOK 95 in 2025. In Chile, the price of trim-D size salmon has increased by an average of $0.10 compared with the previous week. In Scotland, salmon prices rose slightly in week 47 and are expected to rise more in week 48, currently around 7.00 euros per kilogram.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Industry sources told UCN: In week 48 (starting November 25), Norwegian and Scottish farmed salmon spot prices are expected to continue to rise, and Chilean salmon prices also continued their upward trend. Overview of salmon prices in week 48: · Norway 4-5kg: up NOK 6 per kg to NOK 91. · Chile trim-D 3-5lb (exported to the US): up $0.10 per pound to $5.75-6.15. · Scotland 4-5kg: prices rose sharply to nearly €7 per kg. Sources said: Due to the stormy weather in northern Norway in week 46 that severely affected fishing, delivery in week 47 was tight, and the available supply in week 48 was still low. A sales executive of a large aquaculture company said: "Prices are rising, but exports are falling. Farmers seem to want to feed salmon to the maximum allowable biomass (MAB) after the previous large catch due to sea lice problems." He estimated the price of salmon of different sizes: 2-3kg size is NOK 75 per kg, 3-4kg size is NOK 84, 4-5kg size is NOK 91, 5-6kg size is NOK 97. kroner, ...
Source: Foodmate

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