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Pumpkin seed kernels: Prices rise by 10%

April 13, 2017 at 9:53 AM , Der AUDITOR
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DALIAN. Reports about 40-50% less cultivated area for pumpkin seeds are causing quite a stir on the Chinese market, and more than that: they are cranking up the sales.

Not everyone can afford it

Depending on the supplier, offers vary greatly, with up to 10% increases as compared to last week. De facto, the overall trend is on the rise. Due to sales, the acreage is expected to drop by 40-50% as compared to last year.

This also affects the demand. While some suppliers report a moderate rise in demand, others meanwhile claim to be fully booked until the end of May. As a result, these traders allow themselves to raise the prices accordingly. 

Pumpkin seeds, China

Type

USD/mt

GWS, Grade A

1,950-2,010

GWS, Grade AA

2,300-2,320

Shine Skin, Grade A

1,920-2,010

Shine Skin, Grade AA

2,320-2,370

CIF Hamburg


Low phase has passed

In the next few months, the demand trend and the weather will have a decisive effect on the prices. If the predictions regarding acreage prove to be true, it remains to be hoped that at least a good yield can be achieved and the prices will not skyrocket to astronomical levels again. However, prices are still not expected to drop any time soon.

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pumpkin seeds gws price chart
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pumpkin seeds shine skin price chart

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