The spot price of salmon fluctuates, as always, but exporters IntraFish spoke to on Friday appeared more stressed than usual.
The reason, it seems, is many exporters have bought salmon at high prices on Thursday Friday, betting on an increase in prices. However, they are now struggling to sell the fish in Europe.
According to one exporter quoted by TDN Finans, the week ending Nov. 7 was awful. ”Many exporters lost a lot of money when the prices fell by around NOK 5 (€0.62/$0.85).
