Oilseeds - Oilseeds

Pumpkin seeds: organic alternatives from the EU

November 29, 2023 at 11:27 AM , Der AUDITOR
Play report as audio

DALIAN/WARSAW. Demand on the Chinese pumpkin seed market remains weak, but is expected to pick up in January due to the upcoming Chinese New Year celebrations. EU buyers are increasingly turning to organic goods from Poland and Austria.

Nominal price fluctuations

Prices on the Chinese pumpkin seed market are largely stable compared to last week, with only nominal fluctuations. Growers' shine skin stocks are decreasing, with only 20% estimated to be left in farmers' warehouses. Market experts reckon prices on the shine skin market to remain stable to slightly lower throughout December, but to rise in January, when the Chinese New Year usually ensures that suppliers stock up on sufficient goods to cover all requests. Shine skins, grade A currently cost USD 2,950/mt CFR EMP.

Prices on the GWS market are also showing some weakness, although traders do not expect them to fall drastically. Overall, it can be said that demand from both domestic and export markets is significantly weaker than this time last year. GWS grade A kernels are currently at USD 3,540/mt CFR EMP.

Pumpkin kernels, China

Type

USD/mt

GWS, grade A

3,540

GWS, grade AA

3,670

Shine skin, grade A

2,950

Shine skin, grade AA

3,670

CFR EMP

Organic kernels from Poland are in demand

Meanwhile, the experts from Seedea in Poland report that the GWS harvest there is as good as complete. Due to stricter EU regulations, there are sometimes difficulties with the amount of pesticides used in China, meaning that European buyers are increasingly turning to pumpkin seeds from Poland or Austria; it is often difficult for Chinese suppliers to comply with the specified values, especially for organic goods. In Poland, around 5,500-6,000 mt of pumpkins are to be harvested for GWS kernel production, the majority of which are of the Gleisdorfer variety. However, as Poland and Austria are the only European countries with a larger pumpkin seed production, according to Seedea, the increasing demand for organic produce remains a major challenge for the time being. The situation is different for conventional pumpkin seeds; here, as in China, demand has been weak in recent months.

View more
price chart pumpkin kernels, GWS, grade AA, China
price chart, pumpkin kernels, Shine Skin, grade AA, China
- more price charts

Attached Files

File icon
Price chart pumpkin seeds, GWS, grade A
File icon
Price chart pumpkin seeds, hulled, Shine Skin, grade A

View related articles

Go to the News Overview
Grains
Feb 23, 2024
BRUSSELS. Exporters in Ukraine fear that the Red Sea crisis will render wheat shipments to Indonesia more expensive. Opinions are divided over Argentina’s corn crop. China can afford to wait for soy, but frost may considerably damage the country’s rapeseed crop.
Oilseeds
Feb 22, 2024
SOFIA/KYIV. The farmers' protests in Poland continue to hinder the flow of Ukrainian agricultural goods. All parties involved are in favour of a solution that protects Polish growers but also maintains trade.
Oilseeds
Feb 22, 2024
NEW DELHI. The current tender from South Korea has been finalised. Indian exporters had to come to terms with the fact that, despite high expectations, they had no chance against the competition.
Oilseeds
Feb 21, 2024
CHRUDIM. The final crop data is to be announced next week, market players expect corrections compared to previous estimates.