Chinese Pumpkin Kernel: The Price Protection Mentality of the Producers Continues

Dalian: Hot weather is continuing throughout the country.  Raw material prices for pumpkin seeds are stable. Market participants reported that traders’ price-preserving mentality continued due to the reduction in plantings in the new season. Some traders also reported that the shortage of raw materials led to higher prices. Producers are not in a hurry to clear inventories but are in a wait-and-see attitude to see how the market changes. The fall in the euro exchange rate was also a key factor in the decline in European imports. In addition, European and American sea freight rates are stable. Food shortages in Europe are an opportunity for exporters. Exporters want to reduce procurement costs and improve the market. Stay up-to-date on market changes before the new season goes on sale.

Current Market Price in FOB Dalian, China for Pumpkin Kernel