Oilseeds - Oilseeds

Pumpkin seeds: freight costs rise to USD 7,500

June 28, 2021 12:58 PM, Der AUDITOR
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BEIJING. This season's lower crop prospects are preventing prices in the Chinese pumpkin seed market from declining. At the same time, it is impossible to predict when freight costs will peak; for the time being, the trend continues upwards.

Crop forecast prevents price decline

A lack of demand from China and overseas is keeping farmgate prices in the Chinese pumpkin seed market at the level of recent weeks, while FOB prices are showing slight variances due to exchange rate fluctuations. However, the prospect of a small crop compared to the 2020/2021 season is currently preventing prices from falling despite lower buying interest. Depending on the supplier, however, prices can vary by up to USD 300/mt. For pumpkin seeds, GWS, grade A, price indications are currently USD 3,350-3,500/m

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