Oilseeds - Oilseeds

Flaxseed: A flood of offers from Poland

December 1, 2016 at 12:46 PM , Der AUDITOR
Play report as audio

LODZ. The Eastern European flaxseed market seems to be caught up by a wave of panic, while Russian raw flaxseed suppliers are rubbing their hands in anticipation.

According to reports, Polish processors are increasing purchases of raw flaxseed since they expect a price increase in the new year. In fact, potential prices of 310-315 EUR/mt FCA were under discussion during the last weeks. Whether or not this price level will establish itself remains to be seen, though. Most recently, raw flaxseed prices had once again stabilised.

Transitory items
Instead of stockpiling merchandise, suppliers want to sell the flaxseed immediately after

View related articles

Go to the News Overview
Jun 19, 2024
SOFIA/KYIV. Market players are focussing on the new crop. However, traders remains cautious in the hope of price reductions.
Jun 19, 2024
ASTANA/MOSCOW. Experts are confident that the flaxseed crops in Kazakhstan and Russia will exceed last year's level. China is increasingly turning into Kazakhstan's most important trading partner.
Jun 18, 2024
OTTAWA/KYIV. Experts are expecting a decline in acreage in Canada. However, favourable weather conditions have benefited yields so far, but there are also reports of damage caused by flea bugs.
Jun 17, 2024
NEW DELHI/ATLANTA. The Brazilian peanut crop is significantly lower this season than in the last two years. This in turn plays into the hands of Argentinian exporters. In India, sowing for the new crop is about to start.