Tight supply, Chinese New Year prompt sharp Norway salmon price rebound, Scots soften

Tight supply, Chinese New Year prompt sharp Norway salmon price rebound, Scots soften

UCN has lifted its FCA Oslo fresh, head-on gutted 3-6kg salmon price assessment sharply in week six, with the spot market unusually volatile for this time of year

Explosive price jump in salmon market ahead of Chinese New Year

Heavy buying ahead of Chinese New Year drives sharp price rebound. Salmon prices are surging after five consecutive weeks of decline. “We’re hearing NOK 85.00 ($8.50/€7.48) for 3+ sizes. That’s what we’re offering,” one farmer says, adding: “We haven’t sold anything yet. There’s strong momentum.” The upswing is confirmed by several sources. “That’s absolutely the [...]