Generally, the local demand for white sesame every year remains until the 15th of January. After that, the local demand for sesame remains significantly less. Due to this, even in the current year after 15th January, those who had a stock of white sesame, with the assumption that there would be no demand in the market. The stock was emptied, but there is still a huge demand for white sesame seeds in the current year due to prolonged cold weather.
Daily price increases
Due to the absolute shortage of white sesame, a daily price increase has become standard. And as a result, farmers, traders, and stockist exporters kept emptying all the stocks at high prices, and after the reserves were offloaded, the demand came out, and the prices reached a new height. The cost of white sesame has increased from $1450 to $ 1500 to $ 1750 to 1800 per ton in a short time.
No possibility of export
Although the price of Natural Sesame is very high in India, there is no possibility of its export, and there needs to be more supply to meet the local demand, so there is no possibility of export. Now, after 4 months, a new crop of white sesame will come all over the world. In India, the summer white sesame crops will arrive in May-June. At the same time, new sesame crops will arrive in Tanzania and Mozambique.
If the demand for the export of black sesame comes out, its prices may rapidly increase. Still, it is not likely to be faster than the local demand and the stockists who bought Jade Black. If there is no demand for export due to their sale being started at present, then there is no possibility of a massive rise in black oil. Thus, according to experts’ the market will remain high in the future.
The resame seeds natural 99.95% sortex prices were recorded at $2,17 per kg FOB.
Import/Export Statistics
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