Price Of Norwegian Farmed Salmon Seen Down 10% On Russia Ban -Sources

Norwegian farmed salmon prices for delivery next week are seen falling around 10 percent compared to a week earlier, weighed down by Russia's ban on fish imports from Western nations, market sources said on Friday.

Prices are likely to fall by 3 to 4 crowns per kilo on average from around 34 kilos this week, one salmon producer and one exporter said.

Russia banned all Norwegian seafood on Thursday, along with a wide range of agricultural products from countries which have imposed sanctions against Russia over its role in the Ukrainian conflict.

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