Prices for linseed or flaxseed may continue to drop over the next few months because of bigger crops in Canada and Kazakhstan, Oil World says. Marking the highest yield in seven years, global linseed production is expected to reach 2.33 million metric tons in 2013-14. "There are high chances that the market will transition to a more ample situation in January-July 2014 ... We hardly believe that the current linseed price levels will be maintained," Oil World said.

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