Sesame seeds: prices collapse

May 12, 2020 at 12:18 PM , Der AUDITOR
Play report as audio

NEW DELHI. Indian farmers have started summer harvesting and the first sesame seed deliveries are slowly coming into the market. Until the beginning of June, the work in the fields should be in full swing.

Summer crop should bring over 100.000 metric tonnes

Indian exporters are groaning under the heavy supply pressure in the sesame seed market. Some containers imported from Africa are still being held up in the ports and are not being taken off due to a lack of demand or personnel restrictions, and domestic farmers have started the summer harvest. Until now, market players had reckoned that the summer crop could roughly double to 80,000-100,000 metric tonnes. By now, even quantities of more than 100,000 metric tonnes are under discussion.

The offers for natural sesame seeds are at a 2.5-year low of USD 1.42 per kg CIF Hamburg and also hulled sesame seeds are at  USD 1.625 per kg CIF and therefore as cheap as last in May 2018. Black sesame seeds with a 99.95% purity are currently traded at prices of USD 2.27 per kg. Provided that the harvest can proceed without disruption, no serious price increases are expected in the Indian sesame seed market in the near future.

Sesame seeds, India

Type

USD/mt

Hulled, 99.95%

1,625

Natural, 99.95%

1,420

Black, natural, 99.95%

2,270

CIF Hamburg

View more information

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

Attached Files

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

View related articles

Go to the News Overview
Grains
Nov 1, 2024
BRUSSELS. Russia’s failed attempt to drive up wheat prices has slowed shipments. Ukraine’s corn exports are 18% up. Rain has prompted sowing to gain pace for soybeans in Brazil and Argentina. Rumour has it that China will slash retaliatory tariffs on Canada's canola.
Oilseeds
Oct 31, 2024
OTTAWA. Although the Canadian flaxseed crop is smaller than in recent years, market players are currently reporting high demand from China. The EU could also be an interesting sales market this season if the export potential was not limited.
Oilseeds
Oct 31, 2024
OTTAWA. The Canadian mustard seed harvest has so far resulted in lower yields than initially hoped for, but the crop result remains significantly better than in previous years.
Oilseeds
Oct 30, 2024
SOFIA/DALIAN. Disappointing crops in the European sunflower seed market are driving some suppliers to take drastic measures. In the Chinese market, however, the new crop is causing prices to fall.