Sesame Korean Tender Results

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Sesame Korean Tender has been declared, and results have come. India has got a major portion of Korean tender with 4,800 MT. It has been allotted in two parts (P1 3600 MT), out of which 3000 MT is given to India and 600 MT to China. (P2 3000 MT) out of which 1800 MT passed to India, 600 MT to China, and 600 mt to Burkina (Africa).

Below are the details for Sesame Seeds Natural Sortex 99.95% Clean tender:

  (P1 3600 MT)

Mintec Global
Supplier Name Origin Quantity Price – CIF/mt Busan, Korea
Rahul India 900 MT 1719$
Rahul India 600 MT 1719$
Asian Food India 900 MT 1732$
Seeds & Grains India 600 MT 1732$
ETG China 600 MT 1744$

 (P2 3000 MT)

Supplier Name Origin Quantity Price – CIF/mt Busan, Korea
Rahul India 900 MT 1726$
Rahul India 600 MT 1727$
Vyapar Burkina Faso 600 MT 1733$
ETG China 600 MT 1734$
Asian Food India 300 MT 1738$

The sesame seeds market in India has been bearish, and there were no big moments in November. However, there were hopes of an uptrend, and all traders were waiting for the result of the Korean tender. Now India has a significant share of Korean tender, which will support the prices and hopefully not let the market go down.

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