And prices are not showing signs of recovery, Anders Gjendemsjo said in a weekly update by Norne Securities.
According to Gjendemsjo, the market is tough and prices are expected to further drop in the week of June 27. There are increased sales of salmon for freezing, and generally high sales of salmon, but high slaughtering volumes are pressuring prices.
”The past 11 weeks’ price drop is the sharpest that has been observed since 1992, and since 1990 we have seen only one deeper 11-week fall than what we have since so far this year,” the analyst said.
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