Oilseeds - Oilseeds

Sesame seeds: prices encourage increased cultivation

March 2, 2023 at 4:28 PM , Der AUDITOR
Play report as audio

NEW DELHI. After the successful tender participation, Indian sesame seed prices can no longer maintain their former level. Despite corresponding purchases by exporters, the pressure is growing due to otherwise low demand.

Tender support only short-lived

The last tender had provided some temporary support for sesame seed prices in the Indian domestic market. Now, Indian exporters have successfully participated, but their cover purchases are not enough to continue to firm prices. Instead, both domestic markets and export prices saw significant downward corrections this week. Hulled sesame seeds, 99.95% purity are at a level of USD 2,600/mt CIF Hamburg and unhulled sesame actually fell back to USD 2,435/mt CIF.

View related articles

Go to the News Overview
Dec 1, 2023
BRUSSELS. A wave of cancellations has hit wheat, corn is under pressure and alternative transport routes have rendered soybeans more expensive in Brazil. China is also confronted with a supply glut for rapeseed.
Nov 30, 2023
KYIV/OTTAWA. Flaxseed prices are currently experiencing regular price increases. According to experts, this season's supply should be sufficient to cover demand, but the crop have not been large enough for significant end-of-season stocks.
Nov 30, 2023
NEW DELHI/ABUJA. In the Indian sesame seed market, arrivals are failing to fulfil the expectations of market players. This is supporting prices despite the new crop.
Nov 29, 2023
DALIAN/WARSAW. Demand on the Chinese pumpkin seed market remains weak, but is expected to pick up in January due to the upcoming Chinese New Year celebrations. EU buyers are increasingly turning to organic goods from Poland and Austria.