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Sesame seeds: Indian Festival of Lights slows down trading activities

November 12, 2020 at 4:17 PM, Der AUDITOR
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NEW DELHI. The Indian market is already in a festive mood and trading activities have been significantly reduced. Next...

...Saturday, the Indian Festival of Lights, Diwali, is about to take place. This celebration, which lasts several days, is one of the most important festivals in Hindu countries.

Lack of demand

According to market players, Chinese importers still have sufficient stocks and are not dependent on supplies from India. Instead, buyers are waiting for crops from Burkina Faso and Mali to be available in December.

In addition to the lack of export demand from China and the EU, buying interest from the domestic market also declined due to the upcoming ho

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