Sesame seeds: export benefits to be extended in India

December 13, 2019 at 10:29 AM , Der AUDITOR
Play report as audio

NEW DELHI. The government in India has decided to extend the export benefits of 5% until the end of the year. As of January, the benefits will be cut to 3%.

Limited supplies for white sesame seeds

The market has witnessed nominal increases driven by an uptick in demand for winter consumption. Exporters are satisfied with the current demand from Europe. Imports from Africa are, however, due to arrive in the second half of January, which should prompt prices to decline as of 14 January as selling pressure should go up. Traders furthermore anticipate a possible supply squeeze for white sesame seeds. Problem is that the upcoming Makar Sankrankti Festival has driven up demand.

View related articles

Go to the News Overview
Nuts
Nov 25, 2024
NEW DELHI/BUENOS AIRES. Prices for Indian peanuts are currently volatile and there is disagreement as to whether they will rise or fall in the coming weeks; both seem possible. Argentine market players are facing numerous challenges.
Grains
Nov 22, 2024
BRUSSELS. With the war in Ukraine taking new terrible turns concerns are growing that wheat and corn will be impacted. Rumour has it that France exported much more wheat to Morrocco than official figures suggest. US soybean exporters depend much less on China than one may think. Euronext rapeseed futures have slipped.
Oilseeds
Nov 21, 2024
NEW DELHI/BRASÍLIA. India's sesame seed exports increased significantly in volume terms in October 2024, while the export value rose only moderately due to lower prices. Despite a smaller crop, the recent price declines could be only temporary.
Oilseeds
Nov 21, 2024
CHRUDIM. Larger acreages and higher yields have significantly increased the Czech blue poppy seed crop this year. This has ensured that prices have become noticeably more favourable again compared to previous years.