Chinese Pumpkin Kernel: The Export Market Is Expected to Improve

Dalian: Last week, due to the impact of the national epidemic, the transportation of goods in production areas was challenging. This week, the transportation situation has been eased, which is conducive to the export of goods. The price of raw materials for pumpkin seeds is stable. However, affected by the Ukrainian-Russian war, procurement difficulties in the European market have increased. The U.S. is mainly affected by import tariffs and shipping, which increase the procurement costs for importers. The European and American markets still dominate the export market, and the order volume in the Southeast Asian market is relatively small. Conventional products are the main products, organic products are expensive, and the export quantity is limited. In addition, sea freight rates in Europe and the United States have fallen again, and export costs have dropped significantly. Exporters are looking forward to clearing inventories ahead of summer. The export situation is difficult to change in the short term. Exporters look to lower procurement costs and improve the market. Keep an eye out for market changes in April.

Current Market Price in Fob Dalian, China for Pumpkin Kernel