01 Flaxseed

In the 44th week (October 28-November 1, 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 port arrival volume was large recently, with Tianjin Port arriving about 15,000 tons, and the procurement cost was relatively low, which was bearish for the flaxseed market. The domestic flaxseed oil plant operating rate was relatively low, the flaxseed market demand was not large, the flaxseed consumption was low, and the overall flaxseed sales speed was not fast. The domestic soybean and rapeseed prices have a downward trend, which is bearish for the flaxseed market. International flaxseed prices, Russian flaxseed new season 550 US dollars / ton, down 5 US dollars / ton from next week; Canada quoted 630 US dollars / ton, down 10 US dollars / ton from last week; Kazakhstan quoted 500 US dollars / ton.

It is expected that the possibility of flaxseed prices falling in the short term is relatively high. The recent flaxseed sales speed is not fast, and the oil mills replenish stocks on demand. Flaxseed has begun to arrive in large quantities at the port, and the supply is sufficient, which is bearish for the flaxseed market.

02 Flaxseed oil

Week 44 (October 28-November 1, 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 44 (October 28-November 1, 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 flax cake continued to run smoothly. In terms of demand, flax cake is a high-calorie crop. The arrival of winter is good for the flax cake market. In terms of supply, the operating rate of oil mills has declined and is not continuously operating, and the supply of flaxseed cake has decreased. It is expected that the price of flax cake will continue to remain stable in the short term, and strong demand will support the flax cake market.