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Sesame seeds: sowing delayed in India

July 8, 2021 at 7:51 AM, Der AUDITOR
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NEW DELHI. Adverse weather conditions have delayed sowing in Gujarat, India's production hotspot for sesame seeds. Market players are still waiting for demand in Europe to revive again after last year's ethylene oxide scandal prompted a temporary suspension of shipments. The global lack of containers also has an impact on prices in the export market.

Concerns over the new crop

India's summer crop was pretty good with production ranging at 100,000 mt. Market players are, however, concerned over sowing for the kharif crop, especially since a large share of India's production is harvested in autumn. Traders had initially expected that the Minimum Support Price (MSP), which has recently been raised from USD 0.938/kg to USD 1.00/kg, would drive up sesame seed sowing. Large companies, however, still prefer to cultivate other agricultural raw materials such as peanuts or cotton as higher profits may be reaped here

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