Pumpkin seeds: freight charges may need months to normalise

January 11, 2021 at 11:58 AM , Der AUDITOR
Play report as audio

BEIJING. After the freight cost rally of the past weeks, container prices are beginning to stabilise. Meanwhile, export prices for Chinese pumpkin seeds remain at a multi-year high.

Pumpkin seeds up to USD 1,000/mt more expensive

The Chinese pumpkin seed market still shows only low trading activity, yet prices have stabilised at their high level. Already at the end of December, prices for shine skins, Grade A had climbed to around USD 3,000/mt CFR Hamburg and are thus almost USD 150/mt higher than last year's price and more than USD 1,000/mt above the price level at the beginning of January 2019. Offers for GWS kernels, Grade A are also more than USD 1,000/mt more expensive than two years ago, but here the difference compared to last

View related articles

Go to the News Overview
Grains
Nov 1, 2024
BRUSSELS. Russia’s failed attempt to drive up wheat prices has slowed shipments. Ukraine’s corn exports are 18% up. Rain has prompted sowing to gain pace for soybeans in Brazil and Argentina. Rumour has it that China will slash retaliatory tariffs on Canada's canola.
Oilseeds
Oct 31, 2024
OTTAWA. Although the Canadian flaxseed crop is smaller than in recent years, market players are currently reporting high demand from China. The EU could also be an interesting sales market this season if the export potential was not limited.
Oilseeds
Oct 31, 2024
OTTAWA. The Canadian mustard seed harvest has so far resulted in lower yields than initially hoped for, but the crop result remains significantly better than in previous years.
Oilseeds
Oct 30, 2024
SOFIA/DALIAN. Disappointing crops in the European sunflower seed market are driving some suppliers to take drastic measures. In the Chinese market, however, the new crop is causing prices to fall.