Oilseeds - Oilseeds

Sesame seeds: South Korea rejects tender bids

February 24, 2022 at 4:08 PM , Der AUDITOR
Play report as audio

NEW DELHI. Today, the result of the current South Korean sesame seed tender was supposed to be announced. Instead, it was reported that all but one of the bids were rejected. The tender is to be repeated on Friday.

New attempt before the weekend

South Korea had wanted to buy a total of 15,000 mt of sesame seeds via the tender published last week, divided into three positions. Apparently the buyers were not satisfied with the bids. All prices submitted for P1 (3,000 mt) and P2 (6,000 mt) were rejected and P3 was also significantly smaller. Only one exporter from Myanmar was awarded 600 mt of sesame seeds for its bid of USD 1,798/mt. The remaining 5,400 mt from P3 are not to be re-tendered and would thus have expired. For P1 and P2, exporters are allowed to bid again for tomorro

View related articles

Go to the News Overview
Oilseeds
Sep 21, 2023
NEW DELHI/ABUJA. South Korea has issued a new tender for sesame seeds for the first week in October. Farmers reckon that rain will reduce production in India's state of Gujarat.
Oilseeds
Sep 21, 2023
CHRUDIM. Producers reckon that the poppy seed crop will fall well short of official estimates. The Czech Statistical Office still needs to issue new estimates. Prices have risen.
Oilseeds
Sep 20, 2023
SOFIA/KYIV. Reactions are quite diverse over the European Union's decision not to extend the import ban for certain agricultural products from Ukraine to neighbouring member states beyond 15 September.
Nuts
Sep 18, 2023
NEW DELHI. Although the peanut harvest is underway in India, prices have taken a rather unexpected turn. News on the US crop is confusing and harvesting is well underway in China.