01 Flaxseed

In Week 41 (October 9-10, 2025), the national average price of domestic flaxseed was 5,125 yuan/ton; at Tianjin Port, the price of Russian first-grade screened flaxseed was 5,250 yuan/ton; and at Tianjin Port, the price of Russian second-grade raw flaxseed was 5,000 yuan/ton. This week's flaxseed market conditions in various regions are as follows:

Weekly Review:

This week, domestic flaxseed prices were stable with some increases, and trading was average, with slow sales. On October 3, 2025, Russia signed a resolution imposing a 10% export tariff on flaxseed, effective until August 31, 2026. The tariff increase has led to higher import costs. Previously, flaxseed arrivals at Chinese ports were very high, but current supply pressure is very high, and inventory is slowly being destocked. Internationally, Kazakh flaxseed prices range from 235,000 to 245,000 tenge per ton; Canadian flaxseed prices have ceased; and flaxseed from the Russian Black Sea region is priced at 36,850 rubles/ton. It is expected that the price of flaxseed will remain stable in the short term. Due to the tariffs imposed by Russia on flaxseed, the price of flaxseed will rise slightly, but the supply of flaxseed exceeds demand, Kazakhstan's flaxseed is in good harvest, and the demand for flaxseed in the port market has decreased. The foreign market prices of flaxseed from Russia and Kazakhstan are weakening, which is bearish for the Chinese port flaxseed market.