01 Flaxseed

In the 43rd week (October 21-25, 2024), the national average price of domestic flax seeds is 5,125 yuan/ton; the price of Russian first-grade screened flax seeds at Tianjin Port is 5,150 yuan/ton; the price of Russian first-grade raw flax seeds at Tianjin Port is 5,000 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 domestic flaxseed oil plant operating rate is relatively low, the flaxseed market demand is not large, the flaxseed consumption is low, and the overall flaxseed sales speed is not fast. In terms of supply, the port flaxseed cargo volume is small, and the inventory pressure is small, which is good for the flaxseed market. International flaxseed prices, Russian flaxseed new season 555 US dollars / ton, down 5 US dollars / ton from next week; Canada quoted 640 US dollars / ton, up 20 US dollars / ton from last week; Kazakhstan quoted 500 US dollars / ton.

It is expected that the flaxseed price will remain stable in the short term. The operating rate of flaxseed oil plants has been low recently, the flaxseed sales speed is not fast, and the oil mills replenish stocks on demand. The domestic oil soybean rapeseed market price is relatively stable, and flaxseed as an oil is also stable, but the Russian flaxseed price has an upward trend, and the import cost has increased, and the flaxseed price is still likely to rise.

02 Linseed oil

Week 43 (October 21-25, 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 flaxseed oil remained stable. Flaxseed oil is mainly based on its own supply and demand balance, so the price does not change much. It is expected that flaxseed oil will remain stable in the short term, and the sales speed of flaxseed oil will be relatively slow. In terms of supply, the operating rate of flaxseed oil factories in various regions has declined and is not continuously operating, and the supply of flaxseed oil has decreased. The overall supply and demand of flaxseed oil is balanced, so the price does not change much.

03 Flax cake

Week 43 (October 21-October 25, 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 2600-2900 yuan/ton; Shizuishan 3400 yuan/ton; Baotou 3100-3200 yuan/ton; Tianjin 3300-3400.

Weekly Review:

This week, the price of flaxseed cake continued to run smoothly. In terms of supply, the operating rate of oil mills declined and did not continue to operate, and the supply of flaxseed cake decreased. In terms of demand, as a high-calorie crop, flaxseed cake has increased demand as the weather turns cooler, which is good for the flaxseed cake market. It is expected that the price of flaxseed cake will continue to remain stable in the short term. As the weather gets colder in November, demand will gradually increase, supporting the flaxseed cake market.