Oilseeds - Oilseeds

Sesame seeds: prices collapse

May 12, 2020 12:18 PM, Der AUDITOR
Play report as audio

NEW DELHI. Indian farmers have started summer harvesting and the first sesame seed deliveries are slowly coming into the market. Until the beginning of June, the work in the fields should be in full swing.

Summer crop should bring over 100.000 metric tonnes

Indian exporters are groaning under the heavy supply pressure in the sesame seed market. Some containers imported from Africa are still being held up in the ports and are not being taken off due to a lack of demand or personnel restrictions, and domestic farmers have started the summer harvest. Until now, market players had reckoned that the summer crop could roughly double to 80,000-100,000 metric tonnes. By now, even quantities of more than 100,000 metric tonnes are under discussion.

The offers for natural sesame seeds are at a 2.5-year low of USD 1.42 per kg CIF Hamburg and also hulled sesame seeds are at  USD 1.625 per kg CIF and therefore as cheap as last in May 2018. Black sesame seeds with a 99.95% purity are currently traded at prices of USD 2.27 per kg. Provided that the harvest can proceed without disruption, no serious price increases are expected in the Indian sesame seed market in the near future.

Sesame seeds, India

Type

USD/mt

Hulled, 99.95%

1,625

Natural, 99.95%

1,420

Black, natural, 99.95%

2,270

CIF Hamburg

View more information

price chart, sesame seeds, hulled, mechanically dried, 99.95%
price chart, sesame seeds, unhulled, 99.95%
more price charts

Attached Files

File icon
price chart sesame seeds, hulled, India
File icon
price chart sesame seeds, natural, India

View related articles

Go to the News Overview
Oilseeds
Sep 22, 2022
CHRUDIM. While the months between the arrival of new crop and the turn of the year are usually the most active in the Czech blue poppy seed market, it has been unusually quiet in recent weeks. Meanwhile, Germany's imports increased at the end of the season.
Oilseeds
Sep 22, 2022
NEW DELHI. Persistent rains in Gujarat continue to worry Indian growers. Meanwhile, good domestic demand ahead of the holidays next month is pushing up export prices.
Oilseeds
Sep 22, 2022
BRUSSELS/BEIJING. Coceral has cut the EU production estimates for sunflower seeds by 16% and Russia's escalation of the war in Ukraine has directly impacted trading. Prospects, however, appear to be better in China.
Oilseeds
Sep 20, 2022
DALIAN. As price differences widen, more and more buyers are looking at replacing their shine skin purchases with GWS kernels. Farmers, meanwhile, are getting nervous as demand is not developing in their favour.