Free of charge

Sesame seeds: The GST hurdle

June 29, 2017 at 10:55 AM , Der AUDITOR
Play report as audio

NEW DELHI. At the turn of the month, the market in India will be facing the Goods and Service Tax reform. This is less significant for the export market, but makes the handling for traders more complicated.

Traders are keeping a low profile

The last tender from Korea had no appreciable effect on the prices. However, a cause for concern for exporters and traders is the value added tax of 5% that will be added to sesame seed purchases as of 1 July 2017. Market players report that reimbursement of the value added tax can take several months. Assuming an average purchase price of 1,000 USD for one mt of non-hulled sesame seeds, traders have to pay an additional 950 USD up front for the export of one single container (approx. 19,000 mt). Accordingly, several traders are currently hesitating to make new offers.

Indian sesame seed prices

Type

USD/mt

Hulled, 99.95%

1,380

Natural

1,160

CIF Hamburg

Attached Files

File icon
Sesame seeds hulled price chart
File icon
Sesame seeds natural price chart

View related articles

Go to the News Overview
Oilseeds
Apr 23, 2026
NEW DELHI/BRASÍLIA. New crop arrivals are gaining in India. While the area sown is quite good for sesame seeds in Gujarat as leading producing state, the situation is quite different on the national level. Forecasts differ in Brazil.
Oilseeds
Apr 22, 2026
KYIV/SOFIA. Sowing is 6% complete for sunflower seeds in Ukraine. Prices are still on the rise. Farmers may switch form corn to oilseeds.
Nuts
Apr 20, 2026
NEW DELHI. Traders in India are hoping that the market situation for peanuts will finally turn their way. International trade is fraught with challenges.
Oilseeds
Apr 16, 2026
NEW DELHI/ADDIS ABABA. India is only witnessing a temportary hike for sesame seeds. Sowing is up in Gujarat. Contradicting crop estimates are circulating in Ethiopia.