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Nasdaq: salmon prices head back up in week 44

All but one of the major weight classes saw increases during the week.

Norwegian farmed salmon prices edged back up in week 44, climbing NOK 1.24 (€0.13/$0.15) per kilo -- or 2.23 percent -- on average over the week, according to the latest figures from Nasdaq.

The average price per kilo during the week was NOK 56.86 (€5.90/$6.80) per kilo.

These prices are up 4.07 percent, or NOK 2.23 (€0.23/$0.27) per kilo, on average compared with a month ago and 5.2 percent, or NOK 2.81 (€0.29/$0.34) per kilo, higher on average compared with 12 weeks ago, said Nasdaq.

All but one of the major weight classes saw increases during the week.

The most popular size during the week was 4-5 kilograms -- accounting for 35.24 percent of the total farmed salmon traded.

Fish this size were selling at an average price of NOK 58.34 (€6.10/$7) per kilo, up NOK 1.79 (€0.19/$0.21) per kilo compared with the week prior.

The second-most popular size in week 44 was 3-4 kilograms, accounting for around 30.63 percent of the total market.

These fish were selling at average prices of NOK 55.42 (€5.80/$6.60) per kilo, up NOK 0.58 (€0.06/$0.07) per kilo on average week-on-week.

The only size category to see an – albeit tiny – drop was 2-3 kilograms which fell NOK 0.06 (€0.01/$0.01) per kilo over the week to NOK 48.70 (€5.10/$5.80) on average.

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The Nasdaq Salmon Index is the weighted average of weekly reported sales prices and corresponding volumes in fresh Atlantic superior salmon, head on gutted (HOG), reported to Nasdaq Commodities by a panel of Norwegian salmon exporters and salmon producers with export licenses.

The panel is representative for the total exports out of Norway.

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