Oilseeds - Oilseeds

Pumpkin seeds: market about to turn

January 18, 2023 at 9:39 AM, Der AUDITOR
Play report as audio

DALIAN. Chinese New Year has largely subdued trading. The national seven-day long holiday starts on 21 January and ends on 27 January, after which traders expect the prices for pumpkin seeds to shift.

Strong yuan sparks concerns

Many companies and factories have already closed for new year to enable their workforce to travel from the cities to their families living in rural areas. Trading will revive again at the end of January. Judging by the current demand in the domestic and overseas markets, prices will, however, only come down slowly.

Yet, exporters are mainly worried about the exchange rate as the Chinese yuan has gained considerably against the US dollar since mid-December. Although the yuan has devaluated against the US dolllar again in recent day

View related articles

Go to the News Overview
Nuts
Feb 6, 2023
NEW DELHI. Rising prices are tempting farmers to grow more peanuts again. However, this could lead to difficulties with regard to water supply. Higher seed prices also need to be considered.
Grains
Feb 3, 2023
BRUSSELS. EU wheat imports have nearly tripled to 4,968 million mt. Exports are also 7.7% up at 18.8 million mt. The war in Ukraine, however, continues to overshadow the entire grain market. China is also a key figure for corn. Developments in South America are crucial for soy and the showdown between Indonesia and the EU is impacting rapeseed.
Oilseeds
Feb 2, 2023
NEW DELHI. The Indian sesame seed market saw massive price increases, and yet traders believe that a tender participation should not be in vain.
Oilseeds
Feb 2, 2023
KYIV/DALIAN. For the EU border states as well as for the Ukrainian industry, the massive export increases hold new challenges. Meanwhile, experts are optimistic about the 2023 crop.