Oilseeds - Oilseeds

Sesame seeds: Prices are skyrocketing

February 22, 2017 at 9:02 AM , Der AUDITOR
Play report as audio

NEW DELHI. The sesame seed market in India is in celebration mode. Demand has boosted confidence.

 Although the market witnessed nominal decreases at the beginning of last week, the prices quickly recovered.

Prices are about to peak
Hulled sesame seeds are currently offered for 1,480 USD/mt CIF Hamburg, the highest price since August. If prices continue to soar it is very possible that they will very soon rise above last year’s peak.

Sesame seed prices India

type

USD/mt

hulled, 99.95%

1,485

natural

1,345

CIF Hamburg

 

No change in sight
Although the quality and output of the crop were low, the prices remained on a surprisingly low level for quite some time. But with the season and imports from Africa gaining pace the prices have also increased considerably over the last few weeks. Should the kharif crop yield a good production, prices could stabilise until the main harvest.

Please find attached the price charts.

Attached Files

File icon
Sesame seeds hulled price chart
File icon
Sesame seeds natural price chart

View related articles

Go to the News Overview
Oilseeds
Jul 18, 2024
CHRUDIM. Czech poppy farmers have sown a good 10,000 ha more this year than in the last two years. This raises hopes of a good crop, even though there are still concerns that the hot and dry temperatures could have a negative impact.
Oilseeds
Jul 18, 2024
NEW DELHI. Indian sesame seed traders are struggling with high competitive pressure. Meanwhile, the sesame seed tender expected at the beginning of July has been delayed by a few weeks.
Oilseeds
Jul 18, 2024
OTTAWA/BRUSSELS. Good crop prospects in Canada are putting pressure on mustard seed prices. Buyers are still holding back on enquiries.
Oilseeds
Jul 17, 2024
SOFIA/KYIV. Heat and drought are causing problems for sunflower seed fields in parts of Europe. Downward corrections to the previously good crop forecasts are to be expected.