Chart of the Week

August 31, 2016 Flax Chart, Flax News 0 Comments

Flax prices in Rotterdam have turned lower again in recent weeks, losing US$55 per tonne from the end of June as linseed oil and meal prices weaken. The trend has been lower since early 2014 and flax prices have dropped US$110 per tonne from a year ago. The main driver behind the weaker prices is the increased availability of seed from Russia and Kazakhstan.

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