01 Flaxseed

In week 46 (November 10-14, 2025), the national average price of flaxseed in China was 5142 yuan/ton. At Tianjin Port, the price of grade 1 screened old-season flaxseed from Russia was suspended due to shortages. Grade 2 raw flaxseed from Russia was quoted at 4950-5050 yuan/ton at Tianjin Port; and grade 1 new-season flaxseed from Russia was quoted at 5250-5350 yuan/ton. The flaxseed market situation in various regions this week is as follows:

Weekly Review:

This week, the price of old-season flaxseed in China rose slightly due to shortages, while demand for new-season flaxseed was weak, leading to price reductions. On the supply side, the volume of flaxseed in the Chinese port market has decreased, reducing market supply pressure. On the demand side, replenishment is only as needed, and sales are slow, with a strong wait-and-see attitude in the market. The overall flaxseed market inventory is in a slow depletion phase, and is expected to ease next spring. International prices generally declined slightly, with Canadian flaxseed CNF quoted at $610/ton and Russian Black Sea region flaxseed quoted at $530-540/ton. From November 10th to 16th, flaxseed prices fell by 5,000 tenge per ton, currently trading at 221,000 tenge per ton.

Flaxseed prices are expected to decline in the short term (January-February). Based on last week's poll results, the market remains bearish on flaxseed, with both domestic and international markets trending weaker overall. However, the low flaxseed prices and strong willingness among traders to maintain prices are supporting the market. If sales are slow and inventory pressure is high, further price reductions may be necessary.