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Flaxseed: The worst is over

November 18, 2016 at 12:39 PM , Der AUDITOR
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WARSAW. Flaxseed buyers will have to say goodbye to the record low prices of the last weeks.

Due to the early harvest end in Kazakhstan – 17% of the acreage not yet harvested – and the additional demand from China, the raw flaxseed prices for Eastern European flaxseed continue to climb.

500 Euro/mt are no longer far
Russian flaxseed, 97% purity, is at 280 EUR/mt FCA, and Kazakh produce at 275 EUR/mt FCA. The price level should continue to increase by January, but market participants figure that raw flaxseed prices will not exceed 310-315 EUR/mt FCA.
That also has an impact on flaxseed in food quality. Many Polish processors have only limited storage capacities, which is why they must always buy the raw flaxseed in a timely manner, process and deliver it. For that reason, flaxseed, brown, 99.9% purity, is offered already at 480 EUR/mt DDP Germany, and could soon exceed the 500 EUR/mt limit once again.

flaxseed prices, Eastern Europe

quality

EUR/mt

97% purity, FCA Kazakhstan

275

97% purity, FCA Russia

280

99.9% purity, DDP Germany

480

Attached Files

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flaxseed, brown, 0.76-0.36, 99.9% purity

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