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
Mar 23, 2023
NEW DELHI. Attractive prices have prompted many farmers to sow more sesame seeds in India this year. This is, however, not the only reasen why the market is under pressure.
Mar 23, 2023
CHRUDIM. Although Easter is only two weeks away, the demand for blue poppy seeds is still very low in the Czech Republic. Prices have declined a bit and sowing is underway.
Mar 22, 2023
SOFIA/KYIV. Farmers in Bulgaria are protesting against the high volumes of sunflower seeds imported from Ukraine, which are said to exceed 1 million mt. These imports have certainly put the market under pressure.
Mar 21, 2023
DALIAN. Suppliers in China are having a hard time finding buyers for pumpkin seeds. Issue is that most exporters are well stocked. Prices have, however, remained high as supplies are limited.