Chinese Pumpkin Kernel: Manufacturers Start to Stop Production Today

Dalian: Exporters reported that producers began to stop production today due to the approach of the Chinese New Year, with a different time to resume production after the holiday. Most exporters suspend offers. The price is temporarily based on the last week’s price as a reference. This week, the market for pumpkin seeds was stable, and the GWS pumpkin seed market was still out of stock. Procurement is expected to be more difficult after the Spring Festival. Major exporters currently export bright-skinned pumpkin seeds AA and A. Due to the lack of GWS raw materials, it is difficult for importers to purchase GWS pumpkin seeds, the cost increases, and the export quantity is limited. Exporters expect pumpkin seed prices to remain stable in the short term. Prices will fluctuate after the Spring Festival. High prices lead to a decline in export demand and domestic trade demand. In addition, sea freight is too high, and exporters are in trouble. The export situation is difficult to change in the short term. Exporters are looking forward to lower purchasing costs, ocean freight rates and an upturn in the market. Pay attention to subsequent market changes.

Current Market Price in FOB Dalian, China for Pumpkin Kernel