LFEX European Aquaculture Snapshot to 27th January, 2023

John Ersser - The London Fish Exchange

Published: 27th January 2023

This Article was Written by: John Ersser

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The LFEX Norwegian Exporters Index Week 4 2023 was up +5.96 %, +5.02 NOK to stand at 89.21 NOK FCA Oslo Week ending Thursday vs previous Thursday.

The NOK rate ended up over the week ending at 10.77 to the Euro over the period Thursday to Thursday +0.03 NOK or +0.28%. The Fish Pool future January was reported lower at 89.55 NOK down -1.95 NOK or +2.13%.

The market experienced a reasonable bounce in prices in a volatile trading week. The weekly changes don’t show the actual activity in the market. This week the market opened pretty flat as the buyers 8ish Euro threshold held. This lasted a day as we saw prices moving up sharply 5 NOK on Monday before giving back a couple of NOKs mid-week. Thursday saw prices pop up again as lower volumes this week supported prices. Demand is feeling low and pricing for next week will be volume dependent. Expectations for around these levels going into Friday. As usual we shall see.

  Market Data (Click Each to Expand)

LFEX Prices

FX Rates

LFEX Indicative Exporter Prices (4 Week)

EUR / NOK FX Rate (4 Week)

Prices Ending 27th January, 2023

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