Chinese Pumpkin Kernels: Reduction in Planting Area

Dalian: Market participants reported that traders waited for new arrivals as there were few old goods left. This week, domestic and foreign markets experienced slow sales, reduced demand and stable prices. According to market participants, the price protection mentality of traders is still continuing due to the reduction of planting area in the new season. Some traders also reported that there may be a phenomenon of stockpiling in the market after new goods are launched, leading to price increases. At the same time, the euro exchange rate continued to fall which is a key factor of hindering exports. Food shortages in Europe are an opportunity for exporters when new products enter the market. 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