The lower demand for the sesame seed as fewer buyers and traders are in the mandis due to the rain has affected the drop in the seed price. Adding to this is no rise in the demand for the grain from the European market, and the higher crop output results in baring the price from going up.
From the beginning of this month, most of the categories of the seed saw less demand and prices going south. For example, the market opened with 1,15 $/ kg for White Natural 99/1/1 and rose to 1,21$/ kg on July 8, but on July 14, it has gone down to 1,20 $/ kg
The situation is the same with other categories like White Natural Sortex 99.95%, White Hulled Sesame seeds Auto Dry 99.98%, 99.97%, and 99.95%. Therefore, only Regular Black 99.90%, along with Super Z Black 99.95% and Semi Z Black 99.95%, despite registering a significant drop so far on July 13, could hold the same price the next day.
Despite the growing demand for the product due to its health benefits and is considered a superfood, market price fluctuation continues. Nevertheless, in the forecasted period of 2021-2026, the global market of sesame seed is projected to have grown at a CAGR of 2.2%.
India is one of the leading producers and exporters of a sesame seeds. Despite that, Japan, one of the leading consumers of the product, does not import from India. Instead, its supplies are being met by South American countries. If Japan opens up the import market of sesame seed to India, it will be of immense benefit to the traders and farmers of the country.
For more information, facts and figures, become a member. Click here.
The following reports may be of interest to you:
Related posts:
Indian Commodities That Changed Prices The First Week Of August While most of the prices of spices stayed stable in the first week of August, there had been slight changes in few from the last month. 
Indian Sesame Prices are Likely to Increase 
Sesame Seed Prices Improve And Likely To Grow In The Coming Weeks 
Weekly Overview of the Indian Cumin, Coriander, Cardamom and Sesame market The comprehensive report of cumin, coriander seeds, cardamom and sesame gives a 360-degree overview of the marke 
Why Sowing of Indian Sesame is Less Sesame prices in India are expected to Increase 
Sesame seed export market revives 
Sesame seed: Why Indian Sesame market is Motionless 
What the f…lax is going on there?