Oilseeds - Oilseeds

Sesame seeds: uncertainty shapes the market

August 31, 2023 at 10:41 AM , Der AUDITOR
Play report as audio

NEW DELHI. Pressure from lack of demand and cheaper competitor origins are causing steady price adjustments in the Indian sesame seed market. Meanwhile, there is still uncertainty about yields for the coming crop.

Lack of demand

August was marked by regular price cuts for the Indian sesame seed market, pressure is high and the market is plagued by uncertainty. Demand from the international market has dropped rapidly and with competing prices from Pakistan being significantly cheaper at the same time, Indian sesame seed exporters are forced to adjust their offers. Exchange rate fluctuations also ensure that demand from Chinese buyers for Indian sesame seeds remains moderate. 

The political tensions in Sudan and Nigeria are causing uncertainty, the exact crop resul

View related articles

Go to the News Overview
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.
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.
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.
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.