This week, most China flaxseed markets are stable, affected by coronavirus, the imported flaxseed are mainly for consumption, because the stock in factory or the traders are less, adding the future import cargoes can not arrive in short time, so these are
Yesterday the USA Soybean price is up, the soybean meal is up in China market, the price is 2660-2930RMB/MT, up 10-30 RMB/MT than last day, which is good support for the flaxseed mean and flaxseed market.
Affected by the coronavirus, nearly all the factories in China can not start to working, the working day will be delay after Feb 10. Adding many cities road had been controlled, so Flaxseed market are limited now, traders are waiting for the market open.
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