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Flaxseed: prices continue to rise

November 30, 2023 at 3:53 PM , Der AUDITOR
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KYIV/OTTAWA. Flaxseed prices are currently experiencing regular price increases. According to experts, this season's supply should be sufficient to cover demand, but the crop have not been large enough for significant end-of-season stocks.

Export quality is in short supply

Kazakh flaxseed remains in short supply on the free market. Some traders have turned to alternative origins to keep the business going, but here too prices continue to rise. In addition to reduced availability in general, the supply of export-quality goods is being reduced by quality problems. Persistent rainfall during the harvest period meant that the flaxseed was relatively moist at harvest. In addition, there were visual defects such as strong colour deviations. Buyers were prepared to pay EUR 425-435/mt FCA Kazakhstan for raw s

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