May 26, 2016 / 7:32 AM / a year ago

Norway's fisheries minister warns against surge in salmon price

OSLO, May 26 (Reuters) - A recent surge in the price of farmed salmon could damage the industry's prospects, Norwegian Fisheries Minister Per Sandberg told a conference on Thursday.

"The price is actually beginning to become too high, and there is a risk of losing some markets," he said. "I was recently in Sweden and this was a topic there."

Prices recently hit records of around 70 Norwegian crowns per kilo, up from about 40 crowns a year ago as demand growth outstrips supply.

Norway is the world's top producer of farmed salmon. (Reporting by Ole Petter Skonnord, writing by Terje Solsvik, editing by Stine Jacobsen)

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