Sesame seeds: India wins complete tender

June 10, 2020 at 11:42 AM , Der AUDITOR
Play report as audio

NEW DELHI. The result of South Korea's current tender for 9,000 metric tonnes of sesame seeds was clear and not surprising.

Tender prices from USD 1,249 per metric tonne

The curfews make export conditions in the African growing countries more difficult. In addition, the good summer crop massively pushed down sesame seed prices in India. Indian exporters were awarded the contract for the complete 9,000 metric tonnes, which must be delivered to South Korea by 31 August 2020.

June tender

Quality

Exporting country

mt

USD/mt

Premium

India

4,500

1,266-1,289

Standard

India

4,500

1,249-1,281

Total

 

9,000

 

Trade sources

China buys in India

Apart from the tender, export demand for Indian sesame seeds remains low. According to reports, there are virtually no enquiries from Europe and the USA. Chinese buyers, however, are increasingly turning to India, despite an export duty of around 9%, to absorb the missing shipments from countries such as Sudan. The export prices for hulled sesame seeds from India are at a level of USD 1.60 per kg CIF Hamburg, as last week. Natural sesame seeds are currently traded for USD 1.32 per kg CIF Hamburg.

Sesame seed prices, India

Type

USD/mt

Hulled, 99.95%

1,600

Natural, 99.95%

1,320

Black, natural, 99.95%

2,200

CIF Hamburg

View more information
price chart, sesame seeds, hulled, mechanically dried, 99.95%, India
price chart, sesame seeds, unhulled, 99.95%, India
more price charts

Attached Files

File icon
price chart sesame seeds, hulled
File icon
price chart sesame seeds, natural

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.