Oilseeds - Oilseeds

Flaxseed: "They think they're selling gold"

October 22, 2020 10:33 AM, Der AUDITOR
Play report as audio

NUR-SULTAN/OTTAWA. Flaxseed prices continue to rise in Eastern Europe and Canada. The market is confronted with difficulties.

High prices and delays in Kazakhstan

The market situation remains rather unpredictable in Eastern Europe. The harvest has been completed in Kazakhstan and the crop is smaller than last year. Farmers are taking advantage by charging high prices. Market players are outraged in stating that, "they think they are selling gold instead of flaxseed". Oil mills currently pay around EUR 455/mt FCA North Kazakhstan for brown flaxseed. While exporters in Kazakhstan prefer to wait for pesticide analyses to be completed on conventional seeds, local oil mills are less intere

View related articles

Go to the News Overview
Oilseeds
Aug 11, 2022
NEW DELHI/ISLAMABAD. Indian traders see Pakistan as the biggest competitor this season as the crop there is expected to be 40% higher than last year. The palm oil market continues to put pressure on prices.
Oilseeds
Aug 10, 2022
BUDAPEST/CHRUDIM. While crop estimates in the Czech Republic have improved slightly compared to earlier forecasts, the mood on the Hungarian blue poppy seed market has reached zero. Meanwhile, the new EU regulation is causing concern among market players in all growing countries.
Oilseeds
Aug 8, 2022
DALIAN. In the Chinese growing regions, the harvest will start in the coming days and the farmers are in the middle of preparations. However, the shine skin growers in particular are facing various difficulties.
Oilseeds
Aug 4, 2022
NEW DELHI. Although the prices for sesame seeds are rising continuously in India, they are not high enough for traders. Black sesame seed supplies are running low driven by an upsurge in demand in China.