The international stage sets the scene: the export demand for white sesame abroad currently slumbers, while India’s local crop, nestled in the fertile lands of Madhya Pradesh, Uttar Pradesh, Rajasthan, and Gujarat, is poised to yield a modest 1.25 to 1.5 million tonnes.
Enter the Brazilian twist: The import of white sesame seeds from Brazil has shadowed the demand for India’s homegrown sesame. As the days of low sesame crop and subdued local demand dawn in India, the price of white sesame appears resolute, poised for stability. However, the market’s response depends on local demand’s whims. Should it falter, the cost of White Sesame Shortex might descend. Conversely, robust local demand could elevate it.
As the local market slumbers during festivals and winter, the pantry echoes empty, creating a fertile ground for price maneuvers—the demanding days of the season approach, marked by the dwindling summer crop. Unlike last year, this year’s summer crop has dwindled rapidly, leaving the stocks of white sesame seeds barren.
The symphony takes an international twist with sesame imports. Delayed shipments from Brazil have stoked local demand, propelling the price of local white sesame. Imported sesame seeds, destined for re-export, sometimes find their way into local markets, adding an unexpected twist to the narrative. As the leaves turn and Diwali beckons, the local demand for white sesame is expected to surge. The black sesame, whose sowing has dwindled over the past three seasons, anticipates a similar rise.
The crystal ball gazes further: there is no anticipation of a price dip for white sesame, with a projected increase after October 15. Unpredictable weather patterns have played their part, damaging sesame crops in Nokha, Nagor, Kanpur, Mitrapur, and Chhatarpur, leaving India reliant on sesame imports.