Oilseeds - Oilseeds

Flaxseed: sanctions hamper exports

March 10, 2022 4:54 PM, Der AUDITOR
Play report as audio

NUR-SULTAN/OTTAWA. Buyers are flooding the flaxseed market with enquiries and the freight costs for transport from Kazakhstan have become significantly more expensive. Market players are still confident that there is enough supply.; it is only a matter of prices.

Demand is booming

Demand is high in the flaxseed market. There are still enough goods available to supply the market, but traders and buyers fear more difficult export conditions due to the sanctions. According to market players, freight costs for deliveries from Kazakhstan to Germany have even doubled. The forwarders are usually also dependent on return freight to Russia and Belarus, which is virtually non-existent at the moment. The transport companies include this in their prices. The stocks in Canada and Kazakhstan should be sufficient to supply the in

View related articles

Go to the News Overview
Oct 4, 2022
NEW DELHI. Peanuts are not holding up to expectations in India. Good news, however, is that production is highly promising. Dangerous edible oil mixtures have prompted an alert to be issued.
Sep 29, 2022
NEW DELHI. Indian sesame seed farmers are optimistic about the crop and expect an increase in yields compared to last year. Only in Gujarat can production not keep up.
Sep 28, 2022
SOFIA/KYIV. In Ukraine, a good 15% of the forecast sunflower seed crop has now been harvested, while concern is high in Bulgaria in view of the disappointing production results. Various factors are causing enormous uncertainty in the market on both the buyer and seller side.
Sep 27, 2022
DALIAN. Demand in the Chinese pumpkin seed market is so low that even traders are alarmed. At present, the outlook for the rest of the year is rather pessimistic, as various factors militate against an increase in buying interest.