It has been a very difficult week, Norwegian salmon exporters told IntraFish, citing that many of them have had very large losses.

"We exporters are bidding on each other to buy salmon from breeders on Fridays, but when we are off to sell the fish further through the week we have to lower the price just to get it out," one exporter said.

He expects prices to remain at about the same level as last Friday, after the market has turned up over the past 24 hours, estimating that the price currently in the south is probably at NOK 47 (€4.60/$5.20)