The London Fish ExchangeData / Market Insight / News
LFEX European Aquaculture Snapshot to 6th January, 2022
Market Insight – Europe
Wishing you all a very Happy and Safe New Year.
The market eased up this week with the LFEX Norwegian Exporters prices up +8.16%, +5.19 NOK at 68.83 FCA Oslo Week 1 ending Thursday vs previous Thursday price.
The NOK weaken slightly against the Euro at 10.04 up 0.08 NOK or +0.8% Thursday to Thursday and the Fish Pool future January reduced -0.4 to 67.7 NOK or -0.59% over the same period.
A pretty quiet week. Bad weather at the beginning of the week, harvests relatively light but matched to supply meaning relatively stable prices that ticked up. No market on Friday, and prices moved from 63.64 low last Thursday to 65.75 on Monday, going to 66.56 and 67.64 on Tuesday and Wednesday.
Market Data (Click Each to Expand)
Did You Know?
You can see daily price development on the market?
We offer charts updating daily on the Norwegian Exporters price which means that registered users on LFEX can see the price development intra-week for this market. This is the only place to find this data. We are experimenting with charting technical analysis on this to see if we can establish trends which might be helpful for sellers and buyers in predicting next market movements.
Q. Can I trade different markets from the one system?
A. The answer 100% yes. We want to bring as many sellers and buyers from as many different markets as possible onto the platform. Many buyers focus on a single market for geographic reasons, while others have choices of Norwegian, Icelandic, Chilean, Scottish, Canadian etc. Prices vary by market according to raw material and logistics costs, fresh / frozen and more choice gives users more opportunity.