Sesame Seeds

Sesame Market Will Remain Strong

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Current Scenario

After the auction ended, the average price of sesame became stable as the exporters finished their purchase. The market sentiment is currently looking strong.

Leading sesame brokers stated despite the higher price, sesame seeds that reached the buyers consumed the market because of the good quality.

With the delivery of 12,000 tonnes of tenders from Korea approaching, the buyers are already making the purchase. Also, China has traded around 5,000 tonnes of sesame seeds. Therefore, the acquisition by the exporters supports the market.

There was also an improvement in the black sesame market. The revenue from all of Gujarat for black sesame was 3.000 times.

On the other hand, sesame oil prices remained sluggish at $ 2,06 per kg due to weak subscriptions. The sale of good quality sesame oil was sold for $2,03 per kg.

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The price of Bengal’s red sesame was quoted at $1,05 – $1,06 per kg in Delhi.

Future

According to market experts, only if the income of sesame reaches 35 to 40 thousand will the pressure be felt. However, the market is expected to remain strong. There can be limited volatility, but overall the sentiment will stay between being stable and firm.

The summer sesame income reached its all-time high on May 31, after which the market became stable. According to experts, the price will remain strong in the coming days for the commodity.

Price Trend

White Natural Sortex 99.95%

Date Price
May 31 – June 02 $1,65 per kg FOB
May 25 – 30 $1,64 per kg FOB
May 11 – 24 $1,62 per kg FOB
May 02 – 10 $1,63 per kg FOB