LFEX European Aquaculture Snapshot to 6th January, 2023

John Ersser - The London Fish Exchange

Published: 6th January 2023

This Article was Written by: John Ersser

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The LFEX Norwegian Exporters Index Week 1 2023 was up +3.62%, +3.14 NOK to stand at 89.92 NOK FCA Oslo Week ending Thursday vs previous Thursday.

The NOK rate ended up over the week ending at 10.70 to the Euro over the period Thursday to Thursday +0.16 NOK or +1.52%. The Fish Pool future January was reported lower at -1.55 NOK down -1.55%.

The dog days of the Christmas / New Year period continued this week as expected. Prices were pushed a little higher at the week open with little harvest or fish around up 2.87 NOK to 89.65 and pretty much stayed at these levels for the rest of the week closing out around 89.92 NOK. A very thin market with little trading, where low harvest volumes were matched with low demand. Prices look set to remain at these levels next week with maybe more activity in week 3. The up-coming Chinese New Year is seeing some interest in larger fish. As usual we shall see

David Nye’s technical analysis report will be out on Monday.

  Market Data (Click Each to Expand)

LFEX Prices

FX Rates

LFEX Indicative Exporter Prices (4 Week)

EUR / NOK FX Rate (4 Week)

Prices Ending 6th January, 2023

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