Oilseeds - Oilseeds

Sesame seeds: sowing delayed in India

July 8, 2021 at 7:51 AM, Der AUDITOR
Play report as audio

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

View related articles

Go to the News Overview
Feb 3, 2023
BRUSSELS. EU wheat imports have nearly tripled to 4,968 million mt. Exports are also 7.7% up at 18.8 million mt. The war in Ukraine, however, continues to overshadow the entire grain market. China is also a key figure for corn. Developments in South America are crucial for soy and the showdown between Indonesia and the EU is impacting rapeseed.
Feb 2, 2023
NEW DELHI. The Indian sesame seed market saw massive price increases, and yet traders believe that a tender participation should not be in vain.
Feb 2, 2023
KYIV/DALIAN. For the EU border states as well as for the Ukrainian industry, the massive export increases hold new challenges. Meanwhile, experts are optimistic about the 2023 crop.
Jan 30, 2023
DALIAN. There are reports from the Chinese market that speculators, who are hoarding a huge part of the shine skin supplies in their warehouses, are ready to sell large quantities. If this were to happen, it would have a significant impact on prices.