Oilseeds - Oilseeds

Flaxseed: logistical challenges slow down trading activity

June 8, 2021 at 4:39 PM, Der AUDITOR
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OTTAWA/NUR-SULTAN. Due to price disagreements and logistical hurdles, trading activity in the flaxseed market has slowed down noticeably. In Canada, last week's heat wave is causing concern for farmers.

Buyers are looking for cheap offers

Low raw material availability is dampening trading activity in the European flaxseed market, as traders' asking prices do not match the current offers. In Kazakh origin, brown flaxseed with a 97% purity is available from EUR 590-600/mt EXW, while buyers do not want to pay more than EUR 600-605/mt DDP Poland; even asking prices of USD 810-815/mt CIF Ghent cannot be met. Moreover, due to logistical hurdles, including persistent loading delays at the Kazakh-Chinese border and low loading capacities, hardly any del

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