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Sesame seeds: Indian exporters are hopeful

May 23, 2024 at 11:52 AM , Der AUDITOR
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NEW DELHI. After India was able to secure a large part of the positions in the last South Korean sesame seed tender, exporters have high hopes again this time. However, this would not support prices in the longer term.

Short-term price upswings possible

As the summer crop is now increasingly arriving on the markets, Indian sesame seed prices are receiving little support and have fallen by USD 10/mt compared to last week. The fact that prices have not declined more sharply is primarily due to the new South Korean tender that was recently announced. South Korea wants to buy a total of 10,000 mt of sesame seed, split into two positions of 4,000 mt and 6,000 mt. Shipments must reach the destinations by 16 August and 6 September 2024 respectively. Indian exporters have justified hopes

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