Health-Conscious Consumers Keep Salmon Price Rally Intact: Norway
Prices of salmon and other farmed fish are likely to remain high as rising demand from increasingly health-conscious consumers in China and elsewhere outpaces limited growth in supply, Norwegian producers said on Tuesday.
Salmon spot prices have surged from a low point of 51.90 Norwegian crowns ($6.40) per kilo in early January to close to 80 crowns per kilo, their highest level in 16 months.
As well as robust demand, prices have been lifted by slowing growth in supply as colder-than-usual sea temperatures off Norway meant the fish grew slower than normal and that harvested fish thus were smaller.
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