Oilseeds - Oilseeds

Pumpkin seeds: crazy run on supplies

May 23, 2022 2:40 PM, Der AUDITOR
Play report as audio

DALIAN. A sudden run on pumpkin seeds has taken traders in China by surprise. No one expected such a move. If sales continue at this rate, supplies will be gone well before the end of the season.

High prices fail to deter buyers

Traders are stunned at how fast the prices for shine skin kernels are moving up. Nobody expected the sudden hike. Although prices are highly unattractive, newly released supplies were sold out withing minutes on Friday as it seems that buyers can simply not get enough. The raw material prices for shine skins in fact rose from RMB 16.30/kg to 19.0/kg within only three weeks.

Trouble is that speculators now hold such large volumes that they can determine prices at will. Last week, these speculators released 500 mt of raw s

View related articles

Go to the News Overview
Nuts
Oct 4, 2022
NEW DELHI. Peanuts are not holding up to expectations in India. Good news, however, is that production is highly promising. Dangerous edible oil mixtures have prompted an alert to be issued.
Oilseeds
Sep 29, 2022
NEW DELHI. Indian sesame seed farmers are optimistic about the crop and expect an increase in yields compared to last year. Only in Gujarat can production not keep up.
Oilseeds
Sep 28, 2022
SOFIA/KYIV. In Ukraine, a good 15% of the forecast sunflower seed crop has now been harvested, while concern is high in Bulgaria in view of the disappointing production results. Various factors are causing enormous uncertainty in the market on both the buyer and seller side.
Oilseeds
Sep 27, 2022
DALIAN. Demand in the Chinese pumpkin seed market is so low that even traders are alarmed. At present, the outlook for the rest of the year is rather pessimistic, as various factors militate against an increase in buying interest.