Free of charge

Sesame seeds: India plunges into chaos

November 15, 2016 at 9:04 AM , Der AUDITOR
Play report as audio

NEW DELHI. The conversion of notes in India has caused a greater chaos on the market than previously expected.

Indians are able to withdraw only 4,000 rupees per day, at the most, from their bank accounts, which amounts to not even 55 euros. That poses quite a problem for the raw materials trade, since not every farmer accepts cheques as payment. They need cash themselves to pay their workers, as well as to pay for the new crops’ seed.  

 

sesame prices India

type

USD/mt

hulled, 99.95%

1,270

natural

1,200

CIF Hamburg

 

Strong differences
Due to the uncertainty on the market, the traders’ individual offers differ greatly. Hulled sesame, 99.95%, is dealt at a level of 1,270-1,350 USD/mt CIF Hamburg. Sesame exporters explain the lower prices with the fact that farmers are lowering raw sesame prices in order to sell, in spite of the scarce cash situation. Additionally, the current scenario does not help to improve competitiveness towards African sesame seed suppliers. Other agricultural commodities are also affected by the development. It will still take a few days until things return to normal.  

Attached Files

File icon
sesame seeds, hulled, mech. dried 3.045-0.9

View related articles

Go to the News Overview
Grains
Aug 21, 2026
BRUSSELS. Restrictions in the Black Sea port are impacting wheat exports. For corn, the outlook is rather devasting in the US. China has turned to the US for soybeans. Global impulses are boosting rapeseed.
Oilseeds
Aug 21, 2026
OLOMOUC/BRUSSELS. Czech poppy farmers were in for a nasty surprise during the spring poppy harvest. This also had an impact on price trends for the new crop. EU countries have increased their exports in the 2025/2026 season.
Oilseeds
Aug 20, 2026
NEW DELHI/BRASÍLIA. The lack of demand is affecting prices on the international sesame seed market. India’s Kharif sowing is above last year's level. Sesame seed exports from Brazil increased in July.
Oilseeds
Aug 18, 2026
WASHINGTON, D.C./KYIV. In its latest WASDE report, the USDA has maintained its positive crop forecasts for the 2026/27 season. According to market players, there could be shifts in the sunflower oil market. Between July and mid-August, EU countries once again recorded high levels of imports from Argentina.