Russia. Linseed exports are below record this season

18.01.2018

Russia stepped up linseed export shipments in November 2017/18, when it supplied 92.8 KMT to foreign markets against 44.3 KMT in the previous month and 81.1 KMT in November 2016/17.

Although November’s exports hit a high, the figure for the first three months of the 2017/18 season (218.2 KMT) is down 24.6% from the same time last year, when Russia shipped abroad a record 289.5 KMT of linseed. However, exports stay at quite a high level, reports UkrAgroConsult.

The range of export destinations of Russian linseed has not changed significantly in the 2017/18 season. As before, the commodity is shipped mostly to European countries (64% of total exports), Turkey (11%), Vietnam (10%) and China (10%).

The first months of the season witnessed a rise in exports to Vietnam and China. At the same time, purchases by Turkey, which is a major importer, fell more than fivefold. In addition, the 2017/18 season witnessed the first linseed shipments from Russia to Pakistan and Tunisia.

 

UkrAgroConsult

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