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Pumpkin seeds: history repeats itself

January 31, 2024 at 8:41 AM , Der AUDITOR
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DALIAN. Demand for shine skins has increased in the run-up to Chinese New Year and, as every year, speculators are taking advantage of the situation. They have a large proportion of the goods and are currently holding them back in order to drive up prices.

Chinese New Year drives up prices

As expected by market players, shine skin prices on the Chinese pumpkin seed market have risen since last week. Demand from overseas has increased and buyers in the Chinese domestic market are also stocking up, as the Chinese New Year is celebrated on 10 February this year and consumption usually increases significantly at this time. Farmers have now sold all their stocks of the 2023 crop, most of which are in the warehouses of speculators. Suppliers, meanwhile, have largely used up their supplies and are preparing to make larger pu

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