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SpareBank: Chile, Canada salmon prices ‘devastating’ to Mowi’s Q2

The firm noted that Chile and Canada have fared worse than Europe in the second quarter of 2020, with Mowi's EBIT expected to have fallen dramatically

By Neil Ramsden | July 9, 2020 16:14 BST
Salmon farm in a fjord in Los Lagos district, Patagonia, Chile. Credit: DFLC Prints/Shutterstock.com
Salmon farm in a fjord in Los Lagos district, Patagonia, Chile. Credit: DFLC Prints/Shutterstock.com
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Chilean and Canadian salmon spot prices have suffered worse than those in Europe during the second quarter of 2020, and farming giant Mowi is likely to have suffered the consequences, SpareBank 1 Markets believes [...]

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