The market-defining spot price of Norwegian salmon rose by NOK 2.63 / kg to NOK 45.27 / kg last week (week 42), but that was still NOK 5.18 below what it was in the same week a year ago, figures from salmon data provider Akvafakta show.

The spot price of Norwegian salmon plunged more than NOK 10 last week, the third-largest weekly fall on record.

The market-setting spot price of Norwegian salmon last week rose to its highest price since the beginning of the country’s coronavirus lockdown in late March.

The deaths of 8.2 million farmed salmon killed by algal blooms in northern Norway earlier this summer is likely to nudge year-on-year prices up in the fourth quarter of 2019, market analysts in Norway believe.