LFEX European Aquaculture Snapshot to 8th December, 2022

John Ersser - The London Fish Exchange

Published: 9th December 2022

This Article was Written by: John Ersser

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The LFEX Norwegian Exporters Index week 49 was up +3.33%, +2.6 NOK to stand at 80.67 NOK FCA Oslo Week ending Thursday vs previous Thursday.

The NOK ended higher over the week ending at 10.50 to the Euro over the period Thursday to Thursday +0.27 NOK or +2.64%. The Fish Pool future November was reported up at 80 NOK -3.0 NOK for December.

The suggested continuing of softening of pricing didn’t play out last Friday as the market opened up 1.36 NOK at 79.43 or 1.74.%. and remained pretty consistent throughout the week. Prices picked up from the week low on Monday at 78.78 to close out at 80.67 NOK. For next week pricing is proving hard to read, and probably remaining in the same ballpark unless there are a lot of fish left over from week 49. It is worth noting that these are historically high prices for this time of year. As usual we will see…

David Nye’s analysis for a Technical viewpoint will be published 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 8th December, 2022

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