Salmon prices: an unsurprising drop in France

Published 2022년 9월 21일

Tridge summary

The Nasdaq Salmon Index shows a decline in salmon prices, which had reached historic highs from December 2021 to March 2022 due to imbalanced supply and demand, increased raw material and energy costs, and a weakened euro. Despite this drop, prices remain stable around 6 to 8 euros per kilo. The future of these prices is uncertain due to limited information on demand and farming practices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

After the historic salmon prices at the start of the year, prices for this species have been falling for several weeks, without really reassuring professionals. The reference index for salmon prices, the NSI (Nasdaq Salmon Index), has been showing a considerable drop in price for several weeks. A fall which is however nothing “extraordinary” according to the professionals. " It was expected. This is normal if we follow the course of a classic year. This price drop comes with larger intakes sold on the market after the summer,” explains Sébastien Roussel, managing director at Direct Océan, the salmon expert based in Boulogne-sur-Mer. Despite this decline, prices remain "fairly sustained", according to Arnaud Deleforge. “We cannot speak of a total collapse. We always stay around 6 to 8 euros/kilo”, specifies the CEO of Marine SAS. However, we are talking about a certain “stability” which allows the market to “breathe a little”. For how long ? "Hard to say," says Sébastien Roussel. ...

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