Flaxseed, flax oil and flax cake market forecast (week 47, 2024)

01 Flaxseed  

In the 47th week (November 18-November 22, 2024), the national average price of domestic flax seeds is 5,321 yuan/ton; the price of Russian first-grade screened flax seeds at Tianjin Port is 5,400 yuan/ton; the price of Russian first-grade raw flax seeds at Tianjin Port is 5,200 yuan/ton. The flax seed market conditions in various regions this week are as follows:

Weekly Review:

This week, the national flaxseed price remained stable. The sales speed of flaxseed cake has accelerated recently, and the demand is still good, which supports the flaxseed market. In terms of supply, the Tianjin Port continues to arrive. In October, my country's import volume was 27,900 tons, which was 46.08% less than last year, and the supply was slightly tight. In terms of demand, the operating rate of oil mills has fallen recently, and flaxseed is replenished on demand, and the demand is weak. This week's international flaxseed price, the new season flaxseed in the Black Sea region of southern Russia is 575 US dollars/ton, and the central region is 520-530 US dollars/ton, with a shipping date of December-January; Canada quoted 610-630 US dollars/ton; Kazakhstan quoted 500-530 US dollars/ton, which is lower than last week.

It is expected that the flaxseed price will be stable and fluctuating in the short term. The sales speed of flaxseed has been relatively stable recently, and the foreign market price has tended to be stable. Flaxseed has gradually arrived in large quantities, and the supply has gradually been sufficient, and the range of flaxseed is limited.

02 Flax Oil  

Week 47 (November 18-November 22, 2024) The prices of second and third grade linseed oil in various parts of China this week are as follows:

Weekly Review:

This week, the price of linseed oil remained stable. The supply and demand of linseed oil is relatively balanced, so the price does not change much. At present, the operating rate of Chinese linseed oil factories is low, and the supply pressure of linseed oil market is not great. It is expected that the price of linseed oil will remain stable in the short term. The demand of Chinese linseed oil market is still weak, and the sales speed of linseed oil is relatively slow. In terms of supply, the operating rate of linseed oil factories in various regions is not high, and the supply of linseed oil is small. Therefore, the overall supply and demand of linseed oil is balanced, so the price does not change much.

03 Flax Cake

Week 47 (November 18-November 22, 2024) This week's flaxseed cake prices are as follows: Zhangjiakou 2850-3300 yuan/ton; Datong 2800-2900 yuan/ton; Shenchi 3100 yuan/ton; Zhongwei 2600-2800 yuan/ton; Shizuishan 3400 yuan/ton; Baotou 3000 yuan/ton; Tianjin 3300-3400 yuan/ton.

Weekly Review:

This week, the price of flax cake is stable. With the arrival of winter, flax cake is used as a high-calorie feed, and the proportion of addition has increased. The corresponding demand has increased, and the sales speed is fast, which is good for the flax cake market. It is expected that the price of flax cake may increase in the short term. The demand is strong, the raw materials are rising, and the oil mill operation rate is low, which is good for the flax cake market.