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Analysis

Nordea cuts 2015 salmon price estimate, downgrades Marine Harvest

Combination of high supply from Chile, no Russian demand, firm on-growing in Norway bringing prices below the bank’s base-case scenario

By Undercurrent News | Jan. 22, 2015 09:46 GMT
Norwegian salmon fillets. photo: Tom Haga/ NSC
Norwegian salmon fillets. photo: Tom Haga/ NSC
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Bank Nordea has cut its farmed salmon price estimate for 2015 from NOK 45 per kilogram, to NOK 43/kg, as well as downgrading Marine Harvest to a "sell" rating [...]

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