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Pumpkin seeds: speculators probe the market

September 27, 2021 at 4:56 PM , Der AUDITOR
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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,

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