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Pumpkin seeds: traders forced to rely on local reports

August 25, 2020 9:06 AM, Der AUDITOR
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BEIJING. While residents in Dalian can move freely, strict measures to curb the spread of the coronavirus remain in place in Xinjiang. Traders from other provinces and countries have to...

... rely on statements regarding the quality of the new crop provided by local residents. First trips to review the seeds are, however, to take place soon.

Prices may slump

Demand has failed to pick up in Europe over the summer. Market players hope that this situation will change in October with the arrival of the new crop. Prices are expected to remain firm until then. Exchange rate fluctuations may, nevertheless, prompt nominal revisions. If demand fails to stabilise, however, further price reductions are to be expected as farmers will no longer be able to

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