Oilseeds - Oilseeds

Pumpkin seeds: farmgate prices continue to decrease

March 21, 2022 at 3:54 PM , Der AUDITOR
Play report as audio

DALIAN. Commodity prices for shine skins have now reached such a low level that suppliers are recording losses in some cases. Meanwhile, speculators are pursuing a plan that could easily backfire.

Speculators could miscalculate

There is currently a lot of movement in shine skin prices. Average farmgate prices have dropped to CNY 16.8/kg, while the largest speculator, who still has up to 50,000 mt in his warehouses, is asking CNY 17.8/kg. However, Chinese traders report that the production price is around CNY 19/kg, so suppliers are already making losses. Speculators would prefer to wait until the smaller traders have sold out and then demand higher prices, but this plan is unlikely to work out. Demand is low and there are still over 40,000 mt of shine sk

View related articles

Go to the News Overview
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.
Nov 30, 2023
NEW DELHI/ABUJA. In the Indian sesame seed market, arrivals are failing to fulfil the expectations of market players. This is supporting prices despite the new crop.
Nov 29, 2023
DALIAN/WARSAW. Demand on the Chinese pumpkin seed market remains weak, but is expected to pick up in January due to the upcoming Chinese New Year celebrations. EU buyers are increasingly turning to organic goods from Poland and Austria.