Nordea Markets analyst Kolbjorn Giskeodegaard said in an update Friday kilogram prices average as low as NOK 21 (€2.8/$3.7), which means producers in Europe are losing NOK 3 (€0.41/$0.53) per kilo.
“But you have to remember this is the worst time of the year. A combination of robust organic growth in Chile, a high stockpile of coho and trout from the previous season and maximum permitted biomass (MPB)-pressured slaughtering is steering trends in Norway,” wrote Giskeodegaard, who predicts prices to go down by NOK 4 (€0.54/$0.71).
But
