News & Updates

Flax seeds prices race calmed down

by | Sep 27, 2021 | Flax Seeds, Oil Seeds

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ODESA – During last week, prices for Ukrainian flax seeds showed long-expected stability. Purchasing prices in main ports stopped at the level 21 000 UAH/t. FCA prices offered by local traders still vary from 810 to 840 $/t depending on quality specifications.

This standstill was caused by buyers, who had to adopt a wait-and-see approach, resisting the price rush. And the situation at the market didn’t become less intense. There is still no firm comprehension of how the market will behave in the nearest future. At any moment, the flax market can be influenced by news from Canadian fields, Chinese buyers, or activity from EU customers. With their small yield this year, Ukraine cannot control the market, but they quickly adjust to it.

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