Oilseeds - Oilseeds

Flaxseed: sellers can do what they want

October 18, 2021 4:08 PM, Der AUDITOR
Play report as audio

NUR-SULTAN/OTTAWA. Prices remain high in the international flaxseed market. Last year's profits enable farmers in Kazakhstan to hold back supplies and drive up prices. A high degree of uncertainty has gripped the market.

Only few offers are being issued

Supplies are limited in Kazakhstan as many farmers and traders are holding back. Although some producers do not have the possibility to store supplies and are forced to sell the new crop, last year's high prices are helping many growers to wait. Offers should remain limited until December/January.

Cleaning facilities are currently offering brown flaxseed with a 99% purity for EUR 1.02/kg FCA Poland. Raw material prices range at EUR 750/mt FCA Kazakhstan and at EUR 790/mt FOB Russia. A high degree of uncertainty has gripped th

View related articles

Go to the News Overview
Oilseeds
May 25, 2022
NUR-SULTAN/OTTAWA. As demand is very much subdued traders are trying to sell their expensive supplies as quickly as they possibly can. Producers, however, expect prices to rise for the new crop. Issue is the lack of rain in Kazakhstan.
Oilseeds
May 25, 2022
SOFIA/KYIV. Sunflower seed traders are concerned over excessive heat and drought in Bulgaria as these adverse weather conditions may very well impact production. Suppliers are only issuing few offers for the new crop. Ukraine continues to ship sunflower seeds to the EU.
Oilseeds
May 23, 2022
DALIAN. A sudden run on pumpkin seeds has taken traders in China by surprise. No one expected such a move. If sales continue at this rate, supplies will be gone well before the end of the season.
Nuts
May 23, 2022
NEW DELHI. Although the prices for peanuts have fluctuated in a narrow range in India in recent weeks, traders reckon that this is about to change. Issue are global factors, especially since production is under the weather in Brazil. Recently updated production estimates, however, tell a different story.