Free of charge

Sesame seeds: Stress test for India

March 9, 2017 at 10:40 AM , Der AUDITOR
Play report as audio

NEW DELHI. Rumours of a new tender are causing excitement in India. This will prove an important test for the current price level.

Korea will test the market

The rumours concern a possible new tender from Korea. Should India succeed in selling sesame seeds the prices will increase. If India, however, fails the prices are set to drop. Traders are moreover concerned about the quality of the remaining stocks. The autumn rains had an adverse impact on the quality of the crop.

Price drops in India

Market participants are, in addition convinced that acreage will decrease in summer. Abundant supplies and the low prices are hardly rendering sesame seeds attractive for the farmers. The market is currently witnessing considerably price drops due to the low prices of sesame seeds imported from Africa and subdued demand in China. Therefore, prices have again dropped below last year’s high. It is impossible to predict in how far the current price level will last.

Sesame seed prices India

type

USD/mt

hulled, 99.95%

1,455

natural

1,320

CIF Hamburg

 

Attached Files

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

View related articles

Go to the News Overview
Grains
Apr 25, 2025
BRUSSELS. Rain has improved conditions for wheat. Ukraine’s corn exports have slumped by 20%. US soybeans are holding up surprisingly well. With the euro hitting a three-and-a-half-year high against the US dollar rapeseed quotations have tumbled.
Oilseeds
Apr 24, 2025
OTTAWA/ASTANA. Russia is once again banning flaxseed imports from Kazakhstan. Traders report delays in deliveries from the origin. Canadian farmers could expand their sowing this year.
Oilseeds
Apr 24, 2025
OLOMOUC. Although the official cultivation forecast is still pending, it can currently be assumed that sowing in the Czech Republic will be higher than last year. However, the low rainfall in recent months could reduce yields.
Oilseeds
Apr 23, 2025
SOFIA/BUENOS AIRES. Larger acreages and higher yields are ensuring good crop results in Argentina. In Ukraine, sowing is progressing much more slowly than last year.