Oilseeds - Oilseeds

Pumpkin seeds: buyers won’t have it

May 8, 2023 at 4:44 PM , Der AUDITOR
Play report as audio

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

View related articles

Go to the News Overview
Oilseeds
May 31, 2023
DALIAN. The current demand situation in the Chinese pumpkin seed market is not rosy, and market players report that consumption in China is declining and producers are struggling to cope. Meanwhile, sowing for the new crop has been completed.
Nuts
May 30, 2023
NEW DELHI. The Indian government's decision to lift import duties on soybean and sunflower oil is weakening the peanut market and disappointing growers. This is compounded by the prospect of a large peanut crop.
Oilseeds
May 25, 2023
NEW DELHI. Indian exporters were able to secure the bulk of the current sesame seed tender. Market players, however, do not expect a trend reversal in the price development.
Oilseeds
May 24, 2023
SOFIA/KYIV. Ukrainian farmers' associations complain about the hurdles created by the preventive measures in the export of domestic agricultural products. Losses are also said to be high.