Oilseeds - Oilseeds

Oilseeds update: recovery of freight rates might be short-lived

April 1, 2021 3:37 PM, Der AUDITOR
Play report as audio

FRANKFURT. Monitoring of the oilseed sector with day-to-day price comparisons.

In the Indian sesame seed market, prices remained stable this week. Meanwhile, sowing for the summer crop is progressing at a rapid pace and a new tender from South Korea is expected next week.

In the Chinese pumpkin seed market, export prices are also holding last week's level with slight adjustments. In the meantime, freight costs for a 20' FCL from China to Hamburg have dropped again to USD 3,700. Due to the blockade of the Suez Canal by the freighter "Ever Given", which lasted for days, market players expect that freight prices could pick up again at the beginning of A

View related articles

Go to the News Overview
Aug 10, 2022
BUDAPEST/CHRUDIM. While crop estimates in the Czech Republic have improved slightly compared to earlier forecasts, the mood on the Hungarian blue poppy seed market has reached zero. Meanwhile, the new EU regulation is causing concern among market players in all growing countries.
Aug 8, 2022
DALIAN. In the Chinese growing regions, the harvest will start in the coming days and the farmers are in the middle of preparations. However, the shine skin growers in particular are facing various difficulties.
Aug 4, 2022
NEW DELHI. Although the prices for sesame seeds are rising continuously in India, they are not high enough for traders. Black sesame seed supplies are running low driven by an upsurge in demand in China.
Aug 3, 2022
SOFIA/BEIJING. With the political-economic situation being far from stable, the outlook is rather bleak for Bulgaria's sunflower seed market. Acreage has also declined in China this year.