TGR 0.26% $3.89 tassal group limited

Salmon price

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    https://www.reuters.com/article/nor...r-stable-at-nok-50-52-next-week-idUSL8N1OF3P2

    Pretty high price, comfortably beating expectation, despite sudden ramp up in supply from norway farms. The price would be inline with 2015 prices around the same time period. The northern hemisphere is entering a winter production period soon and my guess is that the price would hover around 50NOK before going up beginning 2018 and then returning to stable pricing around 50NOK again. Salmon pricing has been very favourable as of late. Demand has been very high apparently, beating even my own expectation. It is important to note that annual average prices for salmon has been going up steadily and I expect that it would continue for years to come.
    Last edited by aniesbaswedan: 18/12/17
 
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