Chinese Pumpkin Kernel: Exporters Expect Further Sea Freight Reductions

Dalian: The market research report shows that the price of bare-board pumpkin kernels has dropped recently, and the raw material price of shell-less pumpkin seeds is relatively stable. Affected by the war between Ukraine and Russia, the price of sunflower kernels has risen. The European market mainly purchases conventional products from China. The United States is mainly affected by import tariffs and ocean freight, which increase the procurement cost of importers. Manufacturers want to buy at low prices, but traders are unwilling to sell. The export market is mainly European and American markets. Conventional products are the main products, and the export volume of organic products is limited. In addition, sea freight has dropped, export costs have been significantly reduced, and exporters expect further sea freight reductions. The export situation is difficult to change in the short term. Exporters are looking forward to lower purchasing costs and ocean freight rates, as well as an upturn in the market. Keep an eye out for market changes in April.

Current Market Price in FOB Dalian, China for Pumpkin Kernel