Reuters logo
Norway's fisheries minister warns against surge in salmon price
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)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below