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LFEX European Aquaculture Snapshot to 8th October, 2021
Published: 8th October 2021
This Article was Written by: John Ersser
Market Insight – Europe
The LFEX Norwegian Exporters price was up +5.29%, + 2.75 NOK at 54.72 FCA Oslo Week 40 ending Thursday vs previous Thursday price.
The NOK showed strength against the Euro at 9.93 down 0.26 NOK or – 2.55% Thursday to Thursday and the Fish Pool future October fell – 1.00 NOK to 54.00 or -1.82% over the same period. Prices gapped higher Friday (+1.88 NOK / +3.62%) and the average climbed consistently each day during the week, 5-6’s being more volatile. The spread between 3 – 6’s increased to around 4 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 8th October, 2021
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Did You Know?
Given the problems with WhatsApp, Facebook and Instagram this week, it seems opportune to remind buyers and sellers of the LFEX Chat service.
LFEX Chat is available on both web and mobile devices and allows users to communicate in real-time with named individuals at their counterparties. This is a secure, robust and private service, on a built for purpose platform. It is free to use as part of the LFEX service and puts all your business communications in one place, and your private data remains just that… private.
Q. I want to know who I am trading with how does it work?
A. The good news is that we understand buyers and sellers want to know who they are trading with. Therefore, all prices and offers / request are from disclosed counterparties on the platform. You always know who you are dealing with on the system, which also helps with provenance and credit relationships. However, all your dealings / communications are private and secure. What is published between you and your counterparty remains private between you and your counterparty, and not viewable by other users.