Norwegian farmed salmon prices are showing further signs of cooling, but there is broad expectation prices could move up in the coming weeks as the Christmas period approaches.

Last week, fish farmers and exporters reported there was a correction in salmon prices, although not as large as many had expected.

"It is relatively stable price-wise, thanks to the currency," one salmon farming executive told IntraFish, describing the past week simply as"tough."

Lower volumes and the prospect of a Christmas rush in the coming weeks are sure to change dynamics soon, however.