Oilseeds - Oilseeds

Pumpkin seeds: traders are not optimistic

May 31, 2023 at 12:54 PM , Der AUDITOR
Play report as audio

DALIAN. The current demand situation in the Chinese pumpkin seed market is not rosy, and market players report that consumption in China is declining and producers are struggling to cope. Meanwhile, sowing for the new crop has been completed.

Hardly any buying interest

Commodity prices on the Chinese pumpkin seed market are currently holding steady, as demand from both domestic and overseas markets has been very lacklustre in recent weeks. Speculators, who hold much of the remaining commodity, are starting to get nervous because of the uncertain situation, but they have not yet given up hope that at least domestic demand will pick up in June and July. Still, the outlook is not necessarily rosy, as one Chinese trader reports. "In my opinion, most factories are struggling to survive in the domestic market

View related articles

Go to the News Overview
Feb 26, 2024
NEW DELHI/ATLANTA. In India, prices continue to fall and demand for peanut oil and seeds is extremely low. In the USA, the outlook is much better, while there have been harvest delays in Nicaragua.
Feb 23, 2024
BRUSSELS. Exporters in Ukraine fear that the Red Sea crisis will render wheat shipments to Indonesia more expensive. Opinions are divided over Argentina’s corn crop. China can afford to wait for soy, but frost may considerably damage the country’s rapeseed crop.
Feb 22, 2024
SOFIA/KYIV. The farmers' protests in Poland continue to hinder the flow of Ukrainian agricultural goods. All parties involved are in favour of a solution that protects Polish growers but also maintains trade.
Feb 22, 2024
NEW DELHI. The current tender from South Korea has been finalised. Indian exporters had to come to terms with the fact that, despite high expectations, they had no chance against the competition.