Oilseeds - Oilseeds

Pumpkin seeds: speculators could miscalculate

July 24, 2023 at 4:05 PM , Der AUDITOR
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DALIAN. Chinese speculators are hoarding much of the remaining shine skin stocks in their warehouses, hoping for rising demand in August - but market experts consider this unlikely. Meanwhile, the new crop is developing well.

Promising crop outlook

Commodity prices in the Chinese shine skin market are mostly stable, and export prices are also falling only slowly. Usually, price declines are faster when demand is as low as it has been for the past few weeks; the situation is a little different here as a large amount of the remaining available commodity is in speculators' warehouses, leaving few suppliers with stocks. Speculators are waiting for demand on the domestic market to pick up in August, but market experts do not think this is very likely. Buying interest is weak, and not only for

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