Oilseeds - Oilseeds

Flaxseed: visual defects and few offers

November 9, 2023 at 3:01 PM , Der AUDITOR
Play report as audio

OTTAWA/ASTANA. Kazakh suppliers are holding back on offers in order to achieve higher prices - although the market was already waiting for the goods due to harvest delays.

Lack of alternatives

Initial shipments from Kazakhstan confirm the concerns of market players. The flaxseed from this year's crop has some visual defects, which are not only due to the fact that the seeds still needs to be cleaned. In particular, there are noticeable differences in colour and size. While a price reduction would actually be expected in view of this quality, prices are instead rising. The harvest was delayed due to rainfall, and production declined by more than a third year-on-year to around 545,000 mt.

The offers remain moderate and primarily

View related articles

Go to the News Overview
Nuts
May 27, 2024
NEW DELHI/ATLANTA. As crop declines are anticipated in Brazil US exporters are reckoning with improved demand for their peanuts. Hot weather is causing problems in India.
Oilseeds
May 23, 2024
NEW DELHI. After India was able to secure a large part of the positions in the last South Korean sesame seed tender, exporters have high hopes again this time. However, this would not support prices in the longer term.
Oilseeds
May 22, 2024
SOFIA/KYIV. The dwindling commodity supplies are causing sunflower seed prices in Bulgaria to rise. In Ukraine, sowing is around 90% complete.
Oilseeds
May 22, 2024
OTTAWA/MOSCOW. Canada's mustard seed crop is benefiting from favourable weather conditions. Exporters are also hoping for increased demand from the European Union.