Oilseeds - Oilseeds

Pumpkin seeds: speculators probe the market

September 27, 2021 at 4:56 PM , Der AUDITOR
Play report as audio

BEIJING. The Chinese pumpkin seed market attracts speculators who hope to make a big catch. For foreign buyers, however, prices are already at a six-year high due to the freight rates.

Chaos in the commodity market

Market players had recently expressed fears that speculators could intervene in the market as soon as the farmgate prices for Chinese pumpkin seeds declined. This fear is now said to have been confirmed earlier than expected. A team of traders that has so far mainly dealt with the garlic market is showing great interest in this year's pumpkin seed crop and, according to market players, is ready to invest a large sum. While most established pumpkin seed traders are still hesitant to procure due to the high farmgate prices,

View related articles

Go to the News Overview
Sep 21, 2023
NEW DELHI/ABUJA. South Korea has issued a new tender for sesame seeds for the first week in October. Farmers reckon that rain will reduce production in India's state of Gujarat.
Sep 21, 2023
CHRUDIM. Producers reckon that the poppy seed crop will fall well short of official estimates. The Czech Statistical Office still needs to issue new estimates. Prices have risen.
Sep 20, 2023
SOFIA/KYIV. Reactions are quite diverse over the European Union's decision not to extend the import ban for certain agricultural products from Ukraine to neighbouring member states beyond 15 September.
Sep 18, 2023
NEW DELHI. Although the peanut harvest is underway in India, prices have taken a rather unexpected turn. News on the US crop is confusing and harvesting is well underway in China.