Uncertainties in Asian stock markets. Petroleum record low. But so far no large spillover effect to edible oils. Lower temperatures in Norway, which reduce the growth rate of Salmon (this is normal and seasonal). Much fish was taken out of the sea last autumn. The effect is that there is less fish in the sea now. And much lower volumes slaughtered. This has lead to record high salmon prices. We hear of prices up to 70 NOK (7,3 EUR) per Kg. And we see that we get a clear drop in production of salmon meal and oil for some time.
The price for Salmon Oil and Salmon Meal unchanged. Attached you find statistics of the price for Salmeal Complete over the last 3 years. In general we see that our products follow the market, but with somewhat less fluctuations.