Sesame stock is not gaining momentum for a few more days due to the gap between Indian domestic sesame prices and international markets. The traders have faced heavy losses in the sentiment and spot markets for the last three months.
According to the reports, most stockists got into purchasing sesame seeds at higher levels, and now they cannot sell the same at these or above levels as the market is barely running at $1,38/1,40. Even the processing companies have bought goods simultaneously, and the determinants went on to pick up the goods for export.
Traders have assumed 2,50/3 million metric tonnes of production, including Uttar Pradesh, Madhya Pradesh, Chhattisgarh, Maharashtra, and Gujarat. On the other hand, the sesame crop has also started arriving in Bengal. In all the producing areas of South India, the summer Sesame crop is being reported as good, due to which the prices of domestic spices are finding it difficult to rise.
In the African countries, the goods started getting cheaper.
There is no scope for further growth in the sesame market in the current scenario. It is worth noting that the export demand is down.
On the other hand, due to low prices in the international markets, the export of Indian sesame has come to a standstill. The suppliers of other countries have started selling goods at a constant price. According to experts, the sesame will not show any momentum for a few days in the coming time due to these circumstances.
Price Trend
White Natural Sortex 99.95%
| Date | Price |
| March 31 | $1,65 per kg FOB |
| March 17 | $1,64 per kg FOB |
| March 8 | $1,63 per kg FOB |
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