Oilseeds - Oilseeds

Flaxseed: sanctions hamper exports

March 10, 2022 4:54 PM, Der AUDITOR
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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

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