Sanctions could cause prices to tumble

The value of Norwegian fish farming companies fell sharply on the Stock Exchange this week following the news that salmon prices could drop by up to 4 NOK per kilo if Russia's import ban on Norwegian fish were to materialize, according to analysts consulted by TDN Finans.

"This is a serious news as I see it. I think Russia will get salmon from other places like the Faroe Islands, and that there will be a new market balance," says analyst Daniel Hagensen SEB.