Norway Fish Producers Surge Amid Recovery in Prices: Oslo Mover
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Marine Harvest ASA and Cermaq ASA, two of Norway’s biggest salmon producers, surged in Oslo trading amid signs that falling production during the next two years will lead to increased prices.
Cermaq jumped as much as 10 percent, the most in almost a year, while Marine Harvest gained as much as 7.2 percent to the highest level since July 13. Cermaq, the third-largest fish farmer, was the biggest winner on the OBX benchmark index, ahead of Marine Harvest, the world’s largest producer.