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Belarusian President Aleksandr Lukashenko said that most flax fibre is sold to state-linked mills at prices 20 percent below domestic levels and 60 percent below export prices. He urged flax companies to process fibre domestically and sell finished goods at market prices.
State-set low fibre prices create an incentive for raw flax exports through private traders, which could reshape domestic processing. The story has no direct effect on feed commodity prices.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.