Kazakhstan is taking over the Chinese linseed market in Russia

Kazakhstan is preparing to strengthen its position in the linseed market, primarily in China, where competition among key suppliers is expected to intensify. According to APK News, Russia’s introduction of an export duty on linseed in October has created additional advantages for Kazakh exporters. With European markets closed to Russian companies, the bulk of Russian linseed will also be shipped to China, increasing competition for this market. According to Yevgeny Karabanov, head of the Kazakhstan Grain Union’s Analytics Committee, this year will be a record-breaking one for Kazakhstan’s linseed industry. The net harvest is expected to be 810,000 tons—the highest in six years. In bunker terms, the forecast is 1.03 million tons, a 35% increase from last year. This growth will allow Kazakhstan not only to meet domestic demand but also to significantly expand exports. In the last marketing year, the country exported 524,000 tons of linseed, a 74% increase from the previous year. The ...