India’s Sesame Insights: Acreage Decline, Crop Sowing Changes, and Production Decline Trends
Gujarat, India:
- Sesame acreage decreased by 8% compared to last year’s summer season.
- Predominant diversion of sesame acreage to other crops such as Moong and Urad in Junagadh, Fodder crop in Surendranagar, and Bajra in Amreli.
- Anticipated 12% decrease in production compared to last year, totaling around 123,000 MT.
- Expected sesame yield decrease by 4.4% due to weather anomalies and water shortage.
China’s Sesame Market: Stock Origins and Reducing Demand
Qingdao Port, China:
- Main stock origins from Nigeria and Togo.
- Nigerian mixed sesame costs around $1798 USD/MT.
- Prioritization of cheaper varieties by hulling and oil factories, reducing demand for Tanzanian and Pakistani sesame.
- Pakistani sesame mainly sold to roasted factories at $1880 USD/MT, with limited demand for Tanzanian sesame.
- Chad sesame preferred for similar purposes due to attractive pricing.
- Some traders selling at lower prices, even at a loss, due to financial pressure.
- Oil factories experiencing losses this month, with blended oil becoming increasingly competitive.
- Qingdao port stock as of 07/05/2024: approximately 223,364 MT.
Tanzania’s Sesame Sector: Price Surge, Adverse Weather, and Export Outlook
Tanzania:
- Higher sesame prices compared to competing crops like sunflower seeds and soybeans, motivating increased sesame planting.
- Promising results from the sowing season.
- Adverse weather conditions impacting areas around Morogoro and near Dar Es Salaam.
- Uncertain extent of damage to quantity and concerns about impacts on seed quality.
- Export quantity estimates: around 150,000 MT for 2024.
- Offer prices: Mixed sesame – $1650 to $1680 USD/MT, White Sesame – $1700 to $1730 USD/MT, South Sesame $1730 to $1750 USD/MT.
Mozambique’s Sesame Forecast: Rainfall Benefits, Yield Expectations, and Stock Status
Mozambique:
- Anticipated sesame seed production of approximately 90,000 MT in 2024.
- Favorable rainfall conditions leading to expectations of similar or slightly higher crop yield than last year.
- Outcome dependent on prevailing weather conditions until July.
- Overall Qingdao port stock as of 07/05/2024: approximately 223,364 MT.
- Tanzania exported around 155,000 MT in 2023, with an estimated export quantity of around 150,000 MT for 2024.
Brazil’s Sesame Landscape: Expansion, Challenges, and Market Reach
Brazil:
- Commencement of sesame sowing season with notable expansion into new areas.
- Productivity challenges for new sesame producers.
- Sesame emerging as an attractive alternative for cultivation during the second harvest, especially compared to corn.
- Flooding in the state of Rio Grande do Sul with little impact on sesame production as the main production area is Mato Grosso.
- Mato Grosso expected to see a bumper crop in terms of quality and quantity due to increased sesame crop area.
Key markets: India, Türkiye, Vietnam, and various parts of the Middle East.