Flaxseed: unclear market situation

October 15, 2020 at 2:24 PM , Der AUDITOR
Play report as audio

OTTAWA/NUR-SULTAN. Market players fear that some flaxseed contracts cannot be fulfilled. At the same time, side effects of the ethylene oxide scandal in the sesame seed market are also being felt in the flaxseed market.

Flaxseed as an alternative for sesame seeds

According to traders, many customers have now filled up their stocks, but it cannot be excluded that problems may arise in the fulfilment of some contracts. Price indications for Eastern European flaxseed, brown, with a 99.9% purity are currently at a level of EUR 0.630-0.645/kg DDP Germany and are thus cheaper than last week.

According to market players, however, flaxseed demand has recently been boosted by reports of increased ethylene oxide levels in sesame seeds. In order to replace the blocked batche

View related articles

Go to the News Overview
Grains
Nov 1, 2024
BRUSSELS. Russia’s failed attempt to drive up wheat prices has slowed shipments. Ukraine’s corn exports are 18% up. Rain has prompted sowing to gain pace for soybeans in Brazil and Argentina. Rumour has it that China will slash retaliatory tariffs on Canada's canola.
Oilseeds
Oct 31, 2024
OTTAWA. Although the Canadian flaxseed crop is smaller than in recent years, market players are currently reporting high demand from China. The EU could also be an interesting sales market this season if the export potential was not limited.
Oilseeds
Oct 31, 2024
OTTAWA. The Canadian mustard seed harvest has so far resulted in lower yields than initially hoped for, but the crop result remains significantly better than in previous years.
Oilseeds
Oct 30, 2024
SOFIA/DALIAN. Disappointing crops in the European sunflower seed market are driving some suppliers to take drastic measures. In the Chinese market, however, the new crop is causing prices to fall.