Oilseeds - Oilseeds

Flaxseed: prices take a dip

July 9, 2020 10:50 AM, Der AUDITOR
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NUR-SULTAN/MOSCOW. Market players are optimistic that flaxseed harvesting will start soon in southern Russia.

New crop trades at EUR 0.54 per kg

Harvesting is expected to start as early as the end of July or the beginning of August in Siberia. Trading is, howver, largely subdued at present. Buyers are holding back, whereas traders are trying to sell a few cleaned flaxseed before the new crop arrives. Brown flaxseed with a 99.9% purity is trading at EUR 0.57 per kg DDP Germany. New crop raw seeds are currently trading in a range of EUR 0.38-0.39 per kg FCA in Russia and the cleaned flaxseed from the new crop at EUR 0.54 per kg DDP Germany. Some suppliers, however, still demand surcharges of up to EUR 0.03 per kg for annual contracts.

Flaxseed, brown

Quality

EUR/kg

99.9%, Eastern Europe, DDP DE, 2019 crop

0.57-0.63

97%, Kazakhstan, FCA KAZ, 2019 crop

0.41-0.42

97%, Kazakhstan, FCA RU, harvest 2020

0,38-0,39

97% purity, Canada, EXW Manitoba

0,349

*Reference prices

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price chart, flaxseed, brown, 99.9% purity, Eastern Europe
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