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War, currency shocks, and collapsing demand — is this the perfect storm for salmon pricing?
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War, currency shocks, and collapsing demand — is this the perfect storm for salmon pricing?
Continued high supply and currency drop push salmon prices down. A week ago, salmon prices jumped by as much as NOK 15.00 ($1.50/€1.31), climbing well into the NOK 70s ($7.00+/€6.09+). But persistent high supply, coupled with subdued buyer appetite, is now pushing the spot price downward heading into next week. “It’s hard to say. We [...]
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