Oilseeds - Oilseeds

Pumpkin seeds: Chinese New Year lends some support to market

January 10, 2022 at 11:29 AM , Der AUDITOR
Play report as audio

BEIJING. Traders report that preparations for Chinese New Year, which starts on 1 February, are supporting the domestic pumpkin seed market. Export prices have, by contrast, declined.

Further declines possible

Shine skins are trading lower with raw kernel prices ranging at CNY 17.50/kg. The domestic market is bustling with activities and processors are very busy in the run up Chinese New Year. High demand is supporting the market. As most companies will be closed around new year prices should remain firm. Demand is, however, expected to decline after business resumes again, which should also prompt prices to fall in the next few months.

The prices for A grade shine skin kernels presently range at USD 4,100/mt CFR EMP and for organic kerne

View related articles

Go to the News Overview
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.
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.
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.
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.