Oilseeds - Oilseeds

Pumpkin seeds: speculations are at their peak

September 21, 2020 at 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
Jan 30, 2023
DALIAN. There are reports from the Chinese market that speculators, who are hoarding a huge part of the shine skin supplies in their warehouses, are ready to sell large quantities. If this were to happen, it would have a significant impact on prices.
Jan 30, 2023
NEW DELHI. The shortage of sesame oil is making many buyers in India and overseas switch to peanut oil as a popular alternative. The higher demand is also causing prices to rise. There is good news regarding import duties.
Jan 27, 2023
NEW DELHI. While sesame seed suppliers in India have been unable to compete in the international market, the tide may now be turning in their favour. This also has implications for South Korea’s tender.
Jan 26, 2023
CHRUDIM. As the poppy seed market has witnessed an upsurge in demand in January prices have risen. Some producers are, however, still holding back in anticipation of even higher prices.