Sesame seeds: Price developments in April

May 14, 2019 at 9:23 AM , Der AUDITOR
Play report as audio

KHARTOUM/MAPUTO. Hurricanes and a military coup caused a great stir in the sesame seed markets in Africa in April. The political and economic situation in Sudan also has a large impact on the export market.

Top 3 come from Africa

According to a statement issued by Olam at the International Conference on Sesame and Sesame Products in China, Sudan (330,000 mt), Ethiopia (260,000 mt) and Nigeria (220,000 mt) are the top 3 exporters in 2018/19. The total export volume in the international sesame market is estimated at 1.17-1.18 million mt.

Market development and price indications

In April, the second tropical cyclone in two months, Cyclone Kenneth, reached Mozambique. Parts of neighbouring Tanzania were not spared this time either. The latter was largely unaffected by Cyclone Idai in March this year.

Foretell explains that harvesting was initially supposed to start in Mozambique in the second week of May, but now the damage has to be assessed first. Rain in the south of Tanzania and in Mozambique is causing additional delays. Foretell, however, reckons that Hurricane Kenneth has not caused any significant damage to sesame seed production in Tanzania. Offers for the new crop should be available by the end of May/beginning of June.

After the government in Sudan was overthrown by a military coup and is currently experiencing a process of change, strong price fluctuations may occur due to exchange rate fluctuations. There may also be delays in exports.

Sesame seed prices, Africa, April 2019

Origin

Type

USD/mt

Sudan

white, Gedaref

1,650-1,680

Sudan

white, non-Gedaref

1,630-1,650

Sudan

reddish

1,480

Ethiopia

Humera

1,700-1,750

Ethiopia

Wollega, white

1,600

Nigeria

mix

1,620-1,680

Burkina Faso

white

1,650-1,680

Tanzania

white

1,680

CFR China / Foretell SesameInfo

View more information: 

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

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.