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Sesame Seeds (Market Report)

March 2, 2017 at 10:00 AM , Rainbow Exports
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Current Prices & Market Information

  • Sesame Seeds Market Report:

  • Nigeria Market Information:
  • The arrival now is slow and few people have stock on hand. Recently Naira local currency becomes stronger by 10 to 12% due to that international current prices are very high than compare to other countries but at the same time due to this Local market prices will also come down in next week. Last Week market was stable but this week due to Exchange rate Dollar prices becomes higher. There is less demand from china market this week. But there is demand from Turkey market for Certain Types of quality. The new season of other products i.e. Raw Cashew Nuts has started in Nigeria and due to that all exporters has diverted their procurements and business to RCN.
  • TOGO/MALI/Burkina Market Information: 
  • Less crop available. Market is stable.
  • Ethiopia Market Information: 
  • The market has comes down as per the Commodity exchange. After reaching the prices to 1400 US$ it has comes down . Today Market is stable.
  • Sudan Market information:
    • The crop is almost less than last year so there is less arrival in the market. Buying players had increased a lot and due to that demand is more and more. Due to more demand the local prices are not going down even though prices are higher and no demand for the cargo. Market is stable.
    • Indian Sesame Seeds:
  • This year there will be less sowing for the summer crop due to prices and scope for the other better crop by farmers. There is lot of stock of previous year as well as last year. The market has gone up in last week but again this week it has started coming down and since last three days prices has reduce to 30 US$ per mt. Today market is stable. There is unofficial news also that there will be Korean tender demand so during that time prices may go higher also depends on market situation.

 

  • India Market Information:

Prices are stable for the Sesame Seeds Market.

Attached Files

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Prices 02.03.2017

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