Flaxseed: First prices for the new crop

July 19, 2019 at 1:14 PM , Der AUDITOR
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LODZ. The first prices for the new crop are available. Traders are carefully optimistic on the further price developments.

Price declines expected

According to traders, the prices for the new crop currently range at EUR 0.465 per kg EXW Poland. Over the next few weeks the prices on offer are expected to decline to EUR 0.44  per kg EXW Poland. In Kazakhstan and Russia the farmgate prices range at EUR 0.36 per kg EXW. Here, too, prices are expected to drop by around 2 cents/kg over the next few weeks. In the Eastern European spot markets, the prices for brown flaxseed witha 99.9% purity remain stable at EUR 0.54 EUR per kg DDP Germany.

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