Oilseeds - Oilseeds

Sesame seeds: domestic demand helps to firm prices

July 28, 2022 3:30 PM, Der AUDITOR
Play report as audio

NEW DELHI. Despite market players' concerns about the impact of the abolition of the export duties on Indonesian palm oil, prices in the Indian domestic sesame seed market are moving slowly but steadily upwards. However, expectations cannot be fulfilled.

Things are moving too slowly

Despite the continuing upward trend, except for a few plateaus, sesame seed prices are still not at the level that traders had expected. Currently, hulled sesame seeds, 99.98% purity are trading at USD 1,920-2,110/mt FOB India in the Indian market. Meanwhile, export prices for EU buyers are at USD 2,325-2,395/mt CFR Hamburg.

For the price development in the coming weeks, domestic demand will be the decisive factor. It is particularly high during the holiday season, and the market will soon be preparing for Diwali, the m

View related articles

Go to the News Overview
Sep 29, 2022
NEW DELHI. Indian sesame seed farmers are optimistic about the crop and expect an increase in yields compared to last year. Only in Gujarat can production not keep up.
Sep 28, 2022
SOFIA/KYIV. In Ukraine, a good 15% of the forecast sunflower seed crop has now been harvested, while concern is high in Bulgaria in view of the disappointing production results. Various factors are causing enormous uncertainty in the market on both the buyer and seller side.
Sep 27, 2022
DALIAN. Demand in the Chinese pumpkin seed market is so low that even traders are alarmed. At present, the outlook for the rest of the year is rather pessimistic, as various factors militate against an increase in buying interest.
Sep 26, 2022
NEW DELHI. With Indian farmers increasingly turning to more lucrative agricultural goods, the kharif sowing is lower this year. Prices continue their downward trend as the new crop arrives on the markets.