LODZ – The volatility is back in the flaxseed market. Yesterday the raw material (97 % purity) price DAP Poland dropped to 590 EUR/t from 685 EUR/t noticed a few weeks ago.
The quantities are easily available. There is a downward movement in cleaned flaxseed prices observable as well. One could purchase a 99,9% pure flax for 740 -760 EUR/mt FCA Poland spot, decreasing 60 -70 EUR/mt.
This is due to dumped demand in the EU and new crop price expectations. In Canada, there is a 3 % price decrease with 718 EUR/mt FCA. New crop contract (max. 300 mt) prices are on level, on average, around 750 EUR/mt.
|origin / flax quality||raw material 97 % purity||cleaned 99,9 % purity||new crop contracts 99,9% purity|
|Russia||520 EUR/mt FCA|
|Kazakhstan||510 EUR/mt FCA|
|Canada||718 EUR/mt FCA|
|Poland||740 – 760 EUR/mt FCA||750 EUR/mt FCA|