Chinese Pumpkin Kernel: Traders Try to Maintain Prices

Dalian: The high temperature in summer continues. The sales in domestic and foreign markets are slow. There is not enough demand and the price of raw materials for pumpkin seeds is stable. Market participants reported that traders’ price-preserving mentality continued due to the reduction in the acreage for 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 their inventories but are starting to wait to see the changes in market demand. 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 temporarily 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