Oilseeds - Oilseeds

Pumpkin seeds: sowing complete

June 14, 2023 at 10:08 AM , Der AUDITOR
Play report as audio

DALIAN. Although pumpkin seed sowing has been completed, the area is much smaller than last year in some parts of China. Traders are getting nervous over the lack of demand.

Traders need to sell supplies

As domestic and international demand are very much subued the market has come under pressure. Even speculators have been forced to adapt to the situation. A grade shine skin kernels are trading USD 75 lower at USD 3,125/mt CFR EMP and the prices for GWS kernels have slumped by USD 250 to USD 3,320/mt CFR EMP.

Traders and speculators hold the remaining shine skin supplies, which are estimated at 20,000-25,000 mt. This explains why shine skin prices have not slipped quite as much. Demand has been weak in recent weeks and suppliers

View related articles

Go to the News Overview
May 23, 2024
NEW DELHI. After India was able to secure a large part of the positions in the last South Korean sesame seed tender, exporters have high hopes again this time. However, this would not support prices in the longer term.
May 22, 2024
SOFIA/KYIV. The dwindling commodity supplies are causing sunflower seed prices in Bulgaria to rise. In Ukraine, sowing is around 90% complete.
May 22, 2024
OTTAWA/MOSCOW. Canada's mustard seed crop is benefiting from favourable weather conditions. Exporters are also hoping for increased demand from the European Union.
May 22, 2024
NEW DELHI/BUENOS AIRES. India has started exporting the summer crop and international buyers can secure attractive offers here. In North and South America, the situation is partially very tense, which is mainly due to the shortage of goods.