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Pumpkin seeds: no chance of downswing

March 6, 2023 at 4:21 PM, Der AUDITOR
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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

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