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Sesame seeds: price correction comes too late for tender

December 1, 2022 at 12:08 PM , Der AUDITOR
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NEW DELHI. High prices for Indian sesame seeds could make it difficult for traders to participate successfully in the tender. The availability of the new crops from African origins further diminishes the chances.

India at a disadvantage

What is usually an advantage for Indian sesame seeds producers proved to be a hurdle in the awarding of the current South Korean tender. Prices for Indian sesame seeds have risen significantly in recent weeks, which is why traders had basically no chances of winning a significant share of the tender. On Thursday, the result of the current  tender was announced. Of the total 6,600 mt, Nigeria was able to secure 3,300 mt, about half of the tendered positions. Indian exporters were awarded 1,200 mt. The remaining quantity is distribute

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