01 Flaxseed

In week 6 (February 2nd-6th, 2026), the national average price of flaxseed in China was 4921 yuan/ton; the price of Russian grade 2 flaxseed at Tianjin Port was 4800 yuan/ton; the price of Russian grade 1 small flaxseed at Tianjin Port was 5050 yuan/ton; and the price of Russian new season grade 1 flaxseed was 5150 yuan/ton. The flaxseed market situation in various regions this week is as follows:

Weekly Review:

Domestic flaxseed prices remained stable this week. The overall trading pace in the flaxseed market was slow, with slow sales. Market transactions were mainly based on actual negotiated prices, and the overall market trend was weak. On the supply side, the large and widespread inventory of flaxseed at Chinese ports put pressure on the port flaxseed market. On the demand side, the operating rate of flaxseed oil mills in China is currently low, resulting in limited demand for flaxseed at ports. The market for flaxseed oil and flaxseed cake in the terminal market is weak, but with the Spring Festival approaching, consumption in the flaxseed oil market in various regions is expected to improve, providing some support to the market.

Flaxseed prices are expected to remain stable in the short term. Traders lack confidence in flaxseed, the peak season after the Spring Festival has passed, the operating rate of Chinese flaxseed oil mills is low, and there is no market demand. The chances of the market improving are slim, and with high inventory pressure, prices may continue to be lowered for sales.

02 Flaxseed Oil

Week 6 (February 2nd - February 6th, 2026): Domestic Grade 1 flaxseed oil prices are as follows: Lanzhou 9550-9600 RMB/ton; Wuzhong 9550-9600 RMB/ton; Yinchuan 9550-9600 RMB/ton; Hohhot 9700 RMB/ton; Zhangjiakou 10000 RMB/ton; Zhenjiang 9600 RMB/ton; Changji 8900-9000 RMB/ton.

Bulk crude flaxseed oil prices are as follows: Yinchuan 8580 RMB/ton; Xinjiang Changji 8100-8300 RMB/ton; Hohhot 8550-8700 RMB/ton; Zhangjiakou 8900 RMB/ton; Tianjin Binhai 8600-8700 RMB/ton.

Weekly Review:

The flaxseed oil market remained relatively stable this week. Falling flaxseed raw material prices and weak demand, coupled with a generally weak domestic market for the three major oils, dragged down flaxseed oil prices. Currently, the operating rate of Chinese flaxseed oil mills is low, resulting in a tight supply. However, declining demand is also a negative factor for the flaxseed oil market. Given the numerous bearish factors affecting the oilseed industry, flaxseed oil prices may continue to fall.