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Sesame seeds: India wins complete tender

June 10, 2020 11:42 AM, Der AUDITOR
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NEW DELHI. The result of South Korea's current tender for 9,000 metric tonnes of sesame seeds was clear and not surprising.

Tender prices from USD 1,249 per metric tonne

The curfews make export conditions in the African growing countries more difficult. In addition, the good summer crop massively pushed down sesame seed prices in India. Indian exporters were awarded the contract for the complete 9,000 metric tonnes, which must be delivered to South Korea by 31 August 2020.

June tender

Quality

Exporting country

mt

USD/mt

Premium

India

4,500

1,266-1,289

Standard

India

4,500

1,249-1,281

Total

 

9,000

 

Trade sources

China buys in India

Apart from the tender, export demand for Indian sesame seeds remains low. According to reports, there are virtually no enquiries from Europe and the USA. Chinese buyers, however, are increasingly turning to India, despite an export duty of around 9%, to absorb the missing shipments from countries such as Sudan. The export prices for hulled sesame seeds from India are at a level of USD 1.60 per kg CIF Hamburg, as last week. Natural sesame seeds are currently traded for USD 1.32 per kg CIF Hamburg.

Sesame seed prices, India

Type

USD/mt

Hulled, 99.95%

1,600

Natural, 99.95%

1,320

Black, natural, 99.95%

2,200

CIF Hamburg

View more information
price chart, sesame seeds, hulled, mechanically dried, 99.95%, India
price chart, sesame seeds, unhulled, 99.95%, India
more price charts

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price chart sesame seeds, hulled
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price chart sesame seeds, natural

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