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Sesame seeds: crop losses expected in Gujarat

September 16, 2021 2:27 PM, Der AUDITOR
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NEW DELHI. As South Korea purchased less sesame seeds than expected in the recent tender a new one is expected to be issued in the next few weeks. Persistent rain is reported to have nearly cut yields by half in Gujarat. Traders have high hopes.

Traders in India reckon with 60%

South Korea only purchased 9,000 mt of sesame seeds at the end of August, which was 3,000 mt less than initially issued in the tender. The decision was certainly driven by prices. Although this situation will definitely not improve over time, traders in India have high hopes of being awarded as much as 60% of the tender. Prices have risen in India over the last few weeks and production is expected to rise to 100,000 mt in Pakistan this year meaning that the market will be highly competitive. Traders in India

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