Sesame Seeds Market Report:

Nigeria Market Information:

Exchange rate is stable. Local market prices are stable and little up.  People are not having stock in their hand only few people have their stock on their hand. Overall market is stable and little up. There are enquiries coming from different part of world mainly from China. Market will be close for Saturday, Sunday and Monday.

TOGO/MALI/Burkina Market Information: 

Exchange rate is stable. Market is stable and little up in the local market. Not much stock have in the local market.

Ethiopia Market Information: 

There is not much movement in the market but last two day there is buying enquiries from China so market is stable and little firm. On ECX (Ethiopian commodity Exchange) prices are stable. Market will be close for Saturday, Sunday and Monday due to Muslim Festival.

Sudan Market information:

Exchange is stable. Local market prices are stable. There are less stock available to the market.

Market is stable not much movement in the market. Market will be close for next three to four days.

Somalia Market information:

Market is stable and not much movements in the market.  Market will be close for next 4 days due to EID Festival.

Bangladesh Market information:

Local market is stable for all varieties of sesame seeds due to no demand.  China is enquiring the prices and due to that market is stable. The local market will be close for next few days due to EID Festival.

Indian Sesame Seeds:

Exchange rate is also stable vs. Dollar. Arrivals of summer crop 2017 in some of the Market of Gujarat as follows:

Arrival has reduced in the market for summer crop due to that local market for summer crop has gone up.

Local market is up by $30 per mt.  Two days there is no rain in the growing area. There is little demand for summer crop from European countries as well as demand for sowing seeds.

Market is up little in the local market there is little demand from china for Haiphong Shipment. Border Trade to china.

Last year crop i.e. winter crop of 2016 is available at lower prices than summer crop.

Tanzania/Mozambique:

There are shipments going on which they have did business so June shipment has to be made on time due to that there is demand from of exporters to fulfill the contract on time. Due to demand to cover the cargo for exports order local market is higher and little firm. But international offers and prices are not up it is stable. There is demand at lower prices from China and there are some business took place.

Report on China Demand (A Biggest Buyer of the World for Sesame) :

According to the port report of china, about 17,000 tons of goods were sold from Huangdao Port and 2,000 tons from Tianjin Port this week, much more than that in the last few weeks. There are 3 points that lead the purchasing quantity to be increased sharply:

1. With the weather becoming warmer and warmer, the consumption of sesame oil and sesame sauce is increased gradually, so the oil plants and the sesame sauce plants need to purchase more oily sesame.
2. There is not much inventory at the hand of the downstream plants. Most of them only have the inventory for the production less than one week, so they need to buy more goods to replenish the inventory.
3. The price is falling gradually in the last two weeks, so there were less buyers replenishing their stocks. This week, the price has been at the lowest they expected, so they have a strong desire to purchase goods.
4. Tanzania and Mozambique crop yet not started arriving to the port. It will start soon may be at the time of arrival prices may go down.
5. There are defaults from chines customer for arrived cargo, which makes a worry for the stock level to increase at port. Which may makes the market to hold back or not let price to go up.

According to personal views Prices will be stable and will go ups and down by US$50. There will be demand at lower level prices.

India market will is little strong due to less arrival of the summer crop cargo in the market.