Chinese Pumpkin Kernels: Harvest Progress Affected by the Epidemic

Dalian: According to feedback from market participants, the recent severe epidemics in the main producing areas of Xinjiang, Inner Mongolia and Heilongjiang may affect the harvesting progress of new goods at the end of September. At the same time, excessive rainfall in early production areas may affect the arrival of the harvest season. Sales in domestic and foreign markets are slow, demand is reduced, and most of them are waiting for new products to be launched.

The price of pumpkin seeds was stable before the new crops. Due to the reduction in the sown area in the new season, traders’ mentality of insuring prices continued. Some traders also said that shortages of raw materials could lead to higher prices. Producers are not in a hurry to clear inventories, but are starting to wait and see how the market changes. The euro exchange rate has recovered. In addition, food shortages in Europe and falling ocean freight rates in Europe and the US and 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