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Pumpkin Seeds: Disastrous prospects

February 13, 2017 at 2:18 PM , Der AUDITOR
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DALIAN. Factories in China have finally resumed regular activities but trade in pumpkin seeds is still having start-up problems.

Some suppliers have reduced their prices further to make their goods more attractive for buyers. Traders expect a clear trend to be discernible in price developments by the end of March.

Pumpkin seeds, China

Type

Grade

USD/mt

GWS

A

2.060

GWS

AA

2.280

Shine Skin

A

1.930

Shine Skin

AA

2.300

CFR Hamburg

 
Little room for speculation
Market participants estimate that at least 40% of the goods are still available in the market. Due to the lack of demand and low prices pumpkin seeds are of little interest for speculation which is why a comparatively small proportion is currently in the hands of processors and speculators.

Hotter in Summer
Unless there is a drastic increase in demand, production in 2017 is not likely to be on the same scale as in the last two years. Other agricultural products are much easier to handle for farmers. For this reason traders expect prices to rise again in the summer, but until then they could drop even further. 

Attached Files

File icon
Price chart pumpkin seeds, gws, grade AA
File icon
Price chart pumpkin seeds, shine skin, grade A

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