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Sildelaget.no published Circular 18/26, setting new minimum first-hand purchase prices for raw material used in fishmeal and fish oil from 2 November 2026. The fishmeal indicator fell 1.54% and the oil indicator fell 5.05%.
The circular attributes the decline to lower oil prices and the start of a new month.
Lower minimum raw-material prices signal weaker input costs for Norwegian fishmeal and fish oil producers, which tends to weigh on fishmeal prices. The move is small and follows routine monthly resets rather than a supply shock.
sildelaget.noNov 2, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
