Oilseeds - Oilseeds

Oilseeds update: rising freight rates in China

September 9, 2020 at 3:53 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 there were again slight price corrections this week and Turkish blue poppy seeds are currently trading lower. Meanwhile, Chinese exporters are reporting rising freight rates for shipments to Europe, which points to higher capacity utilisation. While at the end of August, a container from Dalian, for example, still cost around USD 1,100/FCL, in September the price has risen to USD 1,300/FCL. From October onwards, prices will rise to USD 1,400/FCL.

Sesame seeds, India

View related articles

Go to the News Overview
Nuts
Feb 6, 2023
NEW DELHI. Rising prices are tempting farmers to grow more peanuts again. However, this could lead to difficulties with regard to water supply. Higher seed prices also need to be considered.
Grains
Feb 3, 2023
BRUSSELS. EU wheat imports have nearly tripled to 4,968 million mt. Exports are also 7.7% up at 18.8 million mt. The war in Ukraine, however, continues to overshadow the entire grain market. China is also a key figure for corn. Developments in South America are crucial for soy and the showdown between Indonesia and the EU is impacting rapeseed.
Oilseeds
Feb 2, 2023
NEW DELHI. The Indian sesame seed market saw massive price increases, and yet traders believe that a tender participation should not be in vain.
Oilseeds
Feb 2, 2023
KYIV/DALIAN. For the EU border states as well as for the Ukrainian industry, the massive export increases hold new challenges. Meanwhile, experts are optimistic about the 2023 crop.