“The kilo price is down NOK 5 (€0.64/$0.89) on the spot market. I think the average price will be NOK 26 (€3.3/$4.7) in the south in industry sizes,” one exporter told IntraFish.

Producers were “too aggressive” in their slaughtering last week, he said.

“The customers are furious. No one wants the price down any further. Down on the Continent they are asking what on earth do we think we are doing? These fluctuations are absolutely crazy. Why not stabilize around NOK 30 (€3.80/$5.4)?