Drought followed by rain
Harvesting has started early in some parts of Kazakhstan. While drought prevailed in some rpart of the country in recent months, intermittent rain is now rendering the harvest difficult. Market analyst Oil World nevertheless estimates production at 1.1m mt as the area shown has grown markedly. Traders state that supplies are nearly exhausted. Brown flaxseed with a 99.9% purity is trading at EUR 0.568/kg DDP Germany.
Buyers in China prefer to wait until the quality of the new crop can be better assessed. As several suppliers have rece