Oilseeds - Oilseeds

Pumpkin seeds: buyers won’t have it

May 8, 2023 at 4:44 PM , Der AUDITOR
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DALIAN. In the Chinese pumpkin seed market, speculators are trying to artificially drive up prices - with moderate success, as demand has come to an almost complete standstill. Meanwhile, the sowing of the new crop is in full swing.

Speculators hold back goods

Prices on the Chinese pumpkin seed market continue to hold their extremely high level of the last weeks. The stocks of shine skins are said to be below 25,000 mt, which are completely in the hands of speculators. They are currently offering raw materials at CNY 21.5/kg, while export prices for shine skins, grade A are at USD 3,280/mt CFR EMP. Demand is currently weak both in the domestic and the export market. However, Chinese traders expect buying interest to pick up from July until the Chinese New Year. Speculators are holding back some

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