Oilseeds - Oilseeds

Sesame seeds: price increases across the board

July 27, 2023 at 2:50 PM , Der AUDITOR
Play report as audio

NEW DELHI/ABUJA. Weather developments in India are causing concern among market players. In Nigeria, however, the removal of subsidies is expected to drive up transport costs.

Prices are rising

Despite the good cultivation forecasts for Gujarat, prices in the Indian sesame seed market are moving steadily upwards. Market players are worried about the monsoon rains in combination with the weather phenomenon El Niño. Many suppliers are holding back their goods for the time being, especially as some exporters hope to successfully participate in the current sesame seed tender totalling 8,100 mt next week. Since the end of June, prices for Indian sesame seeds, hulled, 99.95% purity have risen by around USD 200/mt and are currently at USD

View related articles

Go to the News Overview
May 23, 2024
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.
May 22, 2024
SOFIA/KYIV. The dwindling commodity supplies are causing sunflower seed prices in Bulgaria to rise. In Ukraine, sowing is around 90% complete.
May 22, 2024
OTTAWA/MOSCOW. Canada's mustard seed crop is benefiting from favourable weather conditions. Exporters are also hoping for increased demand from the European Union.
May 22, 2024
NEW DELHI/BUENOS AIRES. India has started exporting the summer crop and international buyers can secure attractive offers here. In North and South America, the situation is partially very tense, which is mainly due to the shortage of goods.