Chinese Pumpkin Kernel: Are Sea Freight Rates and Export Costs Increasing?

Dalian: According to the market research report, the price of pumpkin kernels has dropped recently. The price of raw materials of shell-less pumpkin seeds has been stable, and the orders in the European market have decreased, mainly for conventional products. Affected by the global economy and the epidemic, exports have slowed down in the European and American markets. The United States is primarily affected by import tariffs, which increases the procurement cost of importers. Manufacturers want to buy at low prices but traders are unwilling to sell. The export markets are mainly European and American markets.

Conventional products are the leading products, and the export volume of organic products is limited. In addition, sea freight rates have dropped, export costs have been significantly reduced, but the export situation is difficult to change in the short term. Besides lowering purchasing costs and ocean freight rates, exporters are looking forward to an upturn in the market. Keep an eye out for market changes in April.

Current Market Price in FOB Dalian, China for Pumpkin Kernel