Brief summary 2017 prices Average spot price for settlement of all financial contracts was 60,88 NOK/kg or 6,54 EUR/kg for Y-2017. The financial contracts are settled against Fish Pool Index (FPI), an average weekly spot price for SUP3-6 kg salmon with the following index elements: 85 % Nasdaq Salmon Index 10 % SSB export prices – Statistics Norway custom statistics 5 % Fish Pool European Buyers Index The graph below shows the weekly prices in all three index elements during 2017. Nasdaq Salmon Index (NQS) and Fish Pool European Buyers Index (FPEBI) contain spot prices only. The export price from Statistics Norway (SSB) contains invoices of all exported salmon from Norway, also fixed price contracts. The graph illustrates clearly lower weekly SSB pricing in the weeks with high spot prices, above 70 NOK/kg. This is due to lower observed contract prices than spot prices. At the end of the year, with spot prices below 60 NOK/kg, the contract element in SSB keeps this index higher than the spot price as observed by NQS and FPEBI. NQS and FPEBI correlated very closely during 2017. There are no available information of volume sold in fixed price contracts or prices in such contracts.