Pareto Securities expects the Norwegian salmon price to rise to around 70 Norwegian kronor per kilogram next week, from the expected 69 kronor this week.
At the same time, the research house sees a risk of lower forecasts for Norwegian salmon farmers. Prices have been below 70 kronor for most of October, while analyst consensus for the fourth quarter exceeds 80 kronor.
Norwegian salmon exports increased 9 percent in volume during week 41 compared with the same week last year, while the export value in euros rose 12.6 percent. A stronger Norwegian krone is also a risk to price development.
