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Pumpkin seeds: farmgate prices could rise further

July 18, 2022 at 4:20 PM , Der AUDITOR
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DALIAN. Chinese market players expect speculators to raise their commodity prices for shine skins once again. In the run-up to the Lunar Festival, domestic demand is expected to pick up significantly.

New offer on Wednesday

Farmgate prices in the shine skin market continue to stubbornly maintain their high level of CNY 19.6/kg, but Chinese traders fear that price increases will occur this week. Speculators, who hold the major part of the remaining goods from the old crop, are due to make a new offer on Wednesday (20/07) and estimates suggest it is likely to be around CNY 19.8-20.0/kg. The price increase is difficult to justify as there is virtually no export demand for prompt shipments and there are so many goods left that Chinese&nb

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