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Sesame seeds: India partially resumes export business

April 14, 2020 3:08 PM, Der AUDITOR
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NEW DELHI. The Indian food industry, including exporters of farmgate goods, is now entitled to resume its full range of activities. Only limited capacities at the ports lead to export delays.

Things are coming along slowly

While the curfew in India was temporarily extended until 3 May, the food industry was allowed to start production and exports again last week. Since no other goods may be loaded at present, fewer ships are on the way. On the one hand, capacities are therefore limited, but on the other hand shipping may be delayed by the fact that ships are standing longer until they are fully loaded - similar to the situation in China a few weeks ago. There were hardly any restrictions in the agricultural sector as such so that sowing, harvesting and plant care could be carried out. However, the farmers had no opportunity to sell their goods because the markets were closed. This is still the case.

Prices as before the lockdown

Sesame seed exporters are in good spirits and most should have sufficient stock to bridge the domestic supply shortage. Instead of the hoped-for price increase, Indian sesame seed offers are currently still at a level similar to that before the lockdown. In a few weeks the summer crop can be brought in and ideally the farmers will be able to deliver goods again at the latest then. Hulled sesame seeds are traded for USD 1.75 per kg CIF Hamburg, natural sesame seeds are available from USD 1.56 per kg. The South Korean tender is still running, the result will be announced on 16 April.

Sesame seeds, India

Type

USD/mt

Hulled, 99.95%

1.750

Natural

1.560

CIF Hamburg

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price chart, sesame seeds, hulled, mechanically dried, 99.95%
price chart, sesame seeds, unhulled, 99.95%
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price chart sesame seeds, hulled, mechanically dried
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price chart sesame seeds, natural

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