Oilseeds - Oilseeds

Flaxseed: shipments via detours

March 31, 2022 12:16 PM, Der AUDITOR
Play report as audio

MOSCOW/OTTAWA. The flaxseed market is facing difficult times this season. Poor crops in Kazakhstan and Canada meant that buyers were mainly stocking up in Russia, where production was surprisingly good.

Traders only sell what is currently available

In the meantime, flaxseed prices had swung from one record high to the next. After the turn of the year, it looked as if prices might ease a little. Many buyers were covered by longer-term contracts and hoped for further price corrections for later transactions. The turnaround back to the rising price trend came with Russia's invasion of Ukraine. Buyers panicked and wanted to be supplied with goods well into the season; additional contracts were concluded and some contract goods were called up early. Here, however,

View related articles

Go to the News Overview
Oilseeds
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.
Oilseeds
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.
Oilseeds
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.
Nuts
Sep 26, 2022
NEW DELHI. With Indian farmers increasingly turning to more lucrative agricultural goods, the kharif sowing is lower this year. Prices continue their downward trend as the new crop arrives on the markets.