Sparebank 1 Markets slashed short-term salmon price estimates despite positive developments in the summer season. Expected price levels for 2020 and 2021 remain the same.

Price estimates for the current year were dropped NOK 3 (€ 0.30/$0.33) per kilo to NOK 58 (€ 5.80/$6.40) amid strong EU price pressures and spot prices falling to NOK 40 (€ 4.00/$4.40) this week, according to the recent analysts' report.

Salmon price developments have been weaker than usual in recent weeks, and salmon sizes harvested are also smaller than the same time last year.