Oilseeds - Oilseeds

Pumpkin seeds: no chance of downswing

March 6, 2023 at 4:21 PM , Der AUDITOR
Play report as audio

DALIAN. Several drivers are setting the prices for pumpkin seeds in China. Prospects are also far from encouraging for the new season.

Speculators set prices

Prices continue to surge in China's pumpkin seed market and there is little chance that they will decline in the near future. Limited supplies are the main driver as this renders it easy for speculators, who hold large shares of the remaining volumes, to manipulate the market. Much will depend on how far the supplies traders and processors still hold will be able to meet demand until the arrival of the new crop. Prices will certainly rise further if these supplies fall short of demand. A grade shine skin kernels are trading at USD 3,230/mt CFR

View related articles

Go to the News Overview
May 27, 2024
NEW DELHI/ATLANTA. As crop declines are anticipated in Brazil US exporters are reckoning with improved demand for their peanuts. Hot weather is causing problems in India.
May 23, 2024
NEW DELHI. After India was able to secure a large part of the positions in the last South Korean sesame seed tender, exporters have high hopes again this time. However, this would not support prices in the longer term.
May 22, 2024
SOFIA/KYIV. The dwindling commodity supplies are causing sunflower seed prices in Bulgaria to rise. In Ukraine, sowing is around 90% complete.
May 22, 2024
OTTAWA/MOSCOW. Canada's mustard seed crop is benefiting from favourable weather conditions. Exporters are also hoping for increased demand from the European Union.