Oilseeds - Oilseeds

Pumpkin seeds: speculations are at their peak

September 21, 2020 11:49 AM, Der AUDITOR
Play report as audio

BEIJING. Market players report a run on the new GWS crop. Pumpkin kernel prices have surged.

HIgh prices versus low demand

Speculations are rife in the GWS kernel market since production ranges much lower than Shine Skin production. Traders are said to have purchased the first arrivals from Xinjiang very quickly and farmgate prices have climbed from CNY 14.00/kg to CNY 15.50/kg. Arrivals are expected to pick up over the next few days and traders reckon that the buying frenzy will continue for the time being. Although speculators may try to nail prices down at higher levels in the long run, low export demand should weigh on prices for overseas shipments. GWS

View related articles

Go to the News Overview
Oilseeds
Jan 20, 2022
MOSCOW/OTTAWA. At the end of December, Eastern European agricultural media reported that Russia might consider restricting flaxseed exports. Kazakhstan's exports declined by 34% compared to last season, and there were hardly any shipments to China. Germany sourced a large part of its flaxseed imports from Russia so far this season.
Oilseeds
Jan 20, 2022
SOFIA/BEIJING. Good domestic demand before the Chinese New Year ensures persistently high prices for Chinese sunflower seeds. In the Eastern European market, high prices are again causing a lack of buying interest.
Oilseeds
Jan 19, 2022
PRAGUE/ANKARA. The Czech blue poppy seed market is still quiet after the beginning of the new year. November exports were significantly better than the year before and contrast strongly with the weak results of the previous two months.
Oilseeds
Jan 17, 2022
DALIAN. Chinese New Year is approaching and is drawing the attention of traders. In addition to the upcoming holidays, coronavirus outbreaks in some cities could, according to market players, lead to trading activity being curbed further.