Marine Harvest Chile sees low prices offset low costs in Q1

(05/15/18)

Norwegian salmon farmer Marine Harvest saw low prices offset the fact that its Chilean division actually saw the lowest production costs in the group, in the first quarter of 2018.

The Chilean production unit saw costs improve significantly year-on-year, on positive scale effects from higher volumes and a generally reduced cost level in the aftermath of the 2016 algal bloom, Marine Harvest noted.

Consequently, the biological costs per kg salmon harvested in the quarter decreased by............................................


Click here to read the rest of this article:
https://www.undercurrentnews.com/