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Pumpkin seeds: speculators might wait in vain

December 7, 2021 at 3:59 PM , Der AUDITOR
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BEIJING. In addition to the low demand from overseas, there are also no enquiries from the domestic market despite the upcoming Chinese New Year. At the same time, freight rates are slightly higher again.

Domestic market unusually quiet

High prices and freight costs and the upcoming holidays are curbing export demand for Chinese pumpkin seeds. In contrast, the Chinese New Year in early February 2022 should normally boost demand from the domestic market, but it is also quiet, with local producers showing little interest. This is critical in that domestic demand traditionally shrinks sharply after the holidays and the main business with hulled pumpkin kernels shifts to the export trade. Shine Skins, grade A are currently at a level of USD 4,210-4,255/mt CFR EMP, w

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