Oilseeds - Oilseeds

Sesame seeds: no price increase due to high supply

July 1, 2021 4:17 PM, Der AUDITOR
Play report as audio

NEW DELHI. In India, farmers have started sowing for the main crop in autumn. Although the government has increased the minimum support price for this season, some producers may switch to more profitable agricultural commodities such as peanuts or cotton.

Supply beats demand

Indian sesame seed farmers are gradually bringing their summer crop to the trading markets and supply is so abundant that no price increase is currently expected. According to official estimates, the summer crop yielded around 100,000 mt, but at the same time demand is only a fraction of the usual trading activity at this time. In particular, buying interest from the domestic market leaves much to be desired, while some traders are taking advantage of the situation to stock up and are steadily pushing the market price down in the proces

View related articles

Go to the News Overview
Oilseeds
Oct 18, 2021
NUR-SULTAN/OTTAWA. Prices remain high in the international flaxseed market. Last year's profits enable farmers in Kazakhstan to hold back supplies and drive up prices. A high degree of uncertainty has gripped the market.
Oilseeds
Oct 18, 2021
BEIJING. Last week, speculators took a break in commodity buying. However, this lasted much shorter than market players had expected. This also has an impact on export prices.
Oilseeds
Oct 13, 2021
CHRUDIM. After long delays, the majority of the Czech poppy seed crop is finally available on the market. However, demand is high, which is why prices are stable for the time being. August exports were significantly higher than last year.
Oilseeds
Oct 13, 2021
SOFIA. Bulgarian sunflower seed traders are looking at the current developments in the bakery market with growing despair. Hardly anyone believes that prices will soon reach a level similar to that of the last few years.