Salmon Meal and Salmon Oil – Market Report 26 January 2016

Home »Market Report »Salmon Meal and Salmon Oil – Market Report 26 January 2016

Posted on March 1, 2016
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This is the time of the year when maintenance is conducted in the Norwegian Salmon Industry. Salmon is growing slower in the winter, and less is slaughtered. So, the cages in the sea are taken in for repairs. Slaughter houses use this time to maintain/change/install equipment. And the volumes are lower. At the moment, the salmon price is coming down after some very high prices.
Otherwise large fluctuations and big uncertainty in stock markets, without any direct effect on commodity markets. Sometimes in uncertain periods money goes out of stocks and into commodity, but we have not seen the big effect yet.
Strong El Nino influencing weather patterns around the globe, but no shocks for our corner of the market. Overall markets weaker for fish meal and stronger for fish oils. However, still too early to see if this has effect on the Salmon Meal and Oil prices.

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