Free of charge

Sesame seed drama Part 2

October 20, 2016 at 10:00 AM , Der AUDITOR
Play report as audio

NEW DELHI. While the potential elimination of China as buyer of Indian sesame seeds resulted in lower prices just recently, some traders are trying to counteract the price decrease, more or less believably.

When China calls no more
At first, the word on the Indian sesame seed market yesterday was: Prices have gone up! Traders reported of good and hopefully continuing demand from Europe, but also from the local market. It turned out that the price increase was actually only minimal, various traders’ prices, however, are adjusting toward a common ground.
Exporters cannot really afford to raise their prices at the moment, since buying interest is not that strong, after all. Adding to that is the fact that the African sesame crop will also be available on the market in only a few months, which presents a strong competitor for exports to China.

 

sesame seed prices India

type

USD/mt

hulled, 99.95%

1,380-1,400

natural

1,230-1,250

CIF Hamburg

 

 

 

More soon?
On a short-term basis, it will be interesting to see if Indian sesame seed traders at the SIAL will be able to successfully conclude some contracts. In the long run, the (lacking) demand from China is an important factor concerning price development.

Attached Files

File icon
sesame seeds, hulled, mech. dried 3.045-0.9
File icon
sesame seeds, natural, 99.95, 2.99-0.8

View related articles

Go to the News Overview
Grains
Jun 13, 2025
BRUSSELS. With Israel and Iran on the brink of a full-blown war the market is holding its breath. The negotiations between the US and China are causing tensions for corn and soybeans. The recently imposed EU quota for Ukrainian wheat is shifting dynamics. Drought and fires spell trouble for Canada’s canola.
Oilseeds
Jun 12, 2025
NEW DELHI/BRUSSELS. New crop estimates for sesame seeds have emerged in Gujarat, India. Harvesting is well underway in Mozambique and Tanzania. India is gaining traction in the EU.
Oilseeds
Jun 12, 2025
OTTAWA. With mustard seed production not even half as large as last year, experts predict prices to rise in the new season. For the time being, however, prices in the Canadian market are stable.
Oilseeds
Jun 11, 2025
SOFIA/KYIV. Provided that sunflower seed yields recover, experts predict a significant increase in production in the EU. In Ukraine, growers have almost completed sowing.