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
Dec 5, 2023
DALIAN. Demand on the pumpkin seed market remains weak, but suppliers are hoping that the Chinese New Year in February will breathe life into the market. Meanwhile, growers have disposed of a large proportion of their stocks.
Nuts
Dec 4, 2023
NEW DELHI/AUSTIN. In India, arrivals of the new crop after the Diwali festival have not picked up to the extent hoped for, and the new Kharif crop is also struggling with challenges. In Texas, there were harvest delays and extremely high prices.
Grains
Dec 1, 2023
BRUSSELS. A wave of cancellations has hit wheat, corn is under pressure and alternative transport routes have rendered soybeans more expensive in Brazil. China is also confronted with a supply glut for rapeseed.
Oilseeds
Nov 30, 2023
KYIV/OTTAWA. Flaxseed prices are currently experiencing regular price increases. According to experts, this season's supply should be sufficient to cover demand, but the crop have not been large enough for significant end-of-season stocks.