The third quarter is likely to be challenging for salmon farmers in Norway and the other European producing nations, as Chilean production continues to increase.
However, prices are set to rebound in the fourth quarter of 2012 remain strong in 2013, said Kolbjorn Giskeodegard, senior analyst for seafood with Nordea Markets.
“I am modeling NOK 24 (€3.2/$4) [per kilo] in the third quarter and NOK 27 (€3.6/$4.5) in the fourth, as the main seasonal supply growth is expected to reach markets in the third quarter, while the fourth is expected to bring a more tight market -- on reduced supply growth from Europe -- and increasing prices,” he told IntraFish.
“I
