Oilseeds - Oilseeds

Pumpkin seeds: GWS prices reach highest level in three years

October 13, 2020 1:46 PM, Der AUDITOR
Play report as audio

BEIJING. Despite the holidays in China last week, the pumpkin seed prices increased further. The reason is speculative buying by Chinese traders.

Traders and speculators drive up prices

After traders and speculators had already caused GWS prices to rise through targeted investments, they are now trying to do the same with Shine Skin kernels. When farmgate prices reached a level of CNY 11.80/kg, this was the starting signal for the second wave of purchases. Traders stocked up as a precaution, and the price increase was further fuelled by speculators. This in turn led to increased demand from traders who wanted to hedge against even higher prices. Within a very short time, the farmgate prices climbed

View related articles

Go to the News Overview
Aug 10, 2022
BUDAPEST/CHRUDIM. While crop estimates in the Czech Republic have improved slightly compared to earlier forecasts, the mood on the Hungarian blue poppy seed market has reached zero. Meanwhile, the new EU regulation is causing concern among market players in all growing countries.
Aug 8, 2022
DALIAN. In the Chinese growing regions, the harvest will start in the coming days and the farmers are in the middle of preparations. However, the shine skin growers in particular are facing various difficulties.
Aug 4, 2022
NEW DELHI. Although the prices for sesame seeds are rising continuously in India, they are not high enough for traders. Black sesame seed supplies are running low driven by an upsurge in demand in China.
Aug 3, 2022
SOFIA/BEIJING. With the political-economic situation being far from stable, the outlook is rather bleak for Bulgaria's sunflower seed market. Acreage has also declined in China this year.