Oilseeds - Oilseeds

Pumpkin seeds: speculators could miscalculate

July 24, 2023 at 4:05 PM , Der AUDITOR
Play report as audio

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

View related articles

Go to the News Overview
Jun 20, 2024
NEW DELHI/ISLAMABAD. Good crops in countries such as Pakistan are putting pressure on the Indian market. Thanks to successful tenders, South Korea is the most important buyer of sesame seeds from India.
Jun 19, 2024
SOFIA/KYIV. Market players are focussing on the new crop. However, traders remains cautious in the hope of price reductions.
Jun 19, 2024
ASTANA/MOSCOW. Experts are confident that the flaxseed crops in Kazakhstan and Russia will exceed last year's level. China is increasingly turning into Kazakhstan's most important trading partner.
Jun 18, 2024
OTTAWA/KYIV. Experts are expecting a decline in acreage in Canada. However, favourable weather conditions have benefited yields so far, but there are also reports of damage caused by flea bugs.