Cargo rates continue to rise
Pumpkin seed exporters have reached their limit in China. Comparatively high purchase prices within China are preventing any price reductions. On top of this, a surge in cargo rates is partially offsetting cheaper sales prices. There are not enough containers available for loading, and proceedings are taking longer. Grade A Shine Skin kernels are trading in a range of USD 2.75-2.83/kg CFR Hamburg.
The situation is similar for GWS kernels. Little movement in prices is expected in the coming months, barring rising cargo rates and e