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LFEX European Aquaculture Snapshot to 30th September, 2021
Published: 1st October 2021
This Article was Written by: John Ersser
Market Insight – Europe
The LFEX Norwegian Exporters price was up +2.87%, + 1.45 NOK at 51.97 FCA Oslo over the trading Week 39 ending Thursday.
The NOK showed a little weakness against the Euro at 10.19 up 0.10 NOK or + 0.99% Friday to Thursday and the Fish Pool future October fell – 1.20 NOK to 55.00 or -2.14% over the same period. Prices climbed consistently each day during the week, and the spread between 3 – 6’s was around 3 NOK.
Market Data (Click Each to Expand)
|LFEX Prices||FX Rates||LFEX Indicative Exporter Prices (4 Week)||EUR / NOK FX Rate (4 Week)|
Prices Ending 30th September, 2021
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Did You Know?
The LFEX platform helps sellers manage and distribute multiple prices to different customers in real-time on the system.
Customers are different and have different demands, whether it is sizes, classifications, certifications, currencies or inco terms. The platform allows sellers to manage this process, getting bespoke pricing out to a universe of customers quickly and easily allowing buyers more immediate access to offers to react to.
Q. As a seller, can my competitors see my price?
A. The simple answer is no. Sellers are in complete control of to whom and where they send their prices. Unless requested, the system will not be configured to have other sellers as trading counterparties and therefore they do not connect to competitors. Each price between a seller and buyer is secure and private, and no one else has access to this.