Oilseeds - Oilseeds

Flaxseed: price increases in the new year

December 17, 2020 9:00 AM, Der AUDITOR
Play report as audio

NUR-SULTAN/MOSCOW. Some market players are trying to push up flaxseed prices by holding back their goods. In China, meanwhile, there are further border closures.

Supplies are shrinking

According to market players, both Russian and Kazakh traders are currently holding back their goods in order to increase prices. This leads to full warehouses in the countries of origin, while the goods are slowly running out on the European market. From January, the trade expects prices of up to EUR 0.72/kg DDP Germany for cleaned brown flaxseed, which is currently trading at EUR 0.68/kg. There is only little demand for golden flaxseed, so there are still sufficient supplies.

View related articles

Go to the News Overview
Oilseeds
Aug 8, 2022
DALIAN. In the Chinese growing regions, the harvest will start in the coming days and the farmers are in the middle of preparations. However, the shine skin growers in particular are facing various difficulties.
Oilseeds
Aug 4, 2022
NEW DELHI. Although the prices for sesame seeds are rising continuously in India, they are not high enough for traders. Black sesame seed supplies are running low driven by an upsurge in demand in China.
Oilseeds
Aug 3, 2022
SOFIA/BEIJING. With the political-economic situation being far from stable, the outlook is rather bleak for Bulgaria's sunflower seed market. Acreage has also declined in China this year.
Oilseeds
Aug 1, 2022
DALIAN. Suppliers are only reluctantly issuing offers for the new pumpkin seed crop. Trouble is that it is impossible to make any reliable estimates. Speculators are still keen to drive up prices.