ODESA: In September 2021 Ukrainian flaxseeds market was best remembered for fast and significant price growth.EU buyers were frightened away by such a price rush and reduced their activity to a minimum. Farmers also were not in a hurry to sell their stocks, expecting peak prices. As a result, prices calmed down and were more or less stable during all of October.
But the situation at the oilseeds world market this year is not conducive to price stability. At the moment, more and more requests for Ukrainian flaxseeds are coming from different countries, including even the USA and Canada. Increased demand has heated the market again, and this week flaxseeds price has returned to an increasing trend. Many traders have raised their purchasing prices on average by 500UAH and reached 21500 UAH /t or 700 USD/t. Limited stocks in Ukraine will also put pressure on price formation.
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