Margins of Chilean listed salmon producers are set to face further pressure this year, in part due to low prices but also to a weaker biological situation, two analysts said.
Last October, IntraFish reported that Chilean salmon producers were seeing their margins drop, with some even selling below production costs.
The trend has continued and despite larger volumes, lower prices for Chilean fresh salmon mean producers are likely to face even stronger pressure on margins this year, two analysts said.
In the case of publicly listed companies, the margins are now close to $0.3
