Prices for farmed salmon are set to continue to decline this year, with sources saying they could go lower than NOK 20 (€2.6/$3.4) per kilogram.
With large volumes of salmon set to appear on the market in 2012, prices will decline from levels already down dramatically on last year to below NOK 20 (€2.6/$3.4) per kilogram, industry and banking sources told IntraFish.
Prices will also be much more volatile over 2012, sources said.
“Salmon prices are expected to continue to be volatile on a weekly basis.