Recently, the price of imported sesame
has been adjusted back by 300~400 yuan/ton. However, this is unlikely to affect
the sesame market, which is currently not warm.
It
was pointed out by Bian Tingting via analysis that,although the price of sesame has dropped, but the import volume
will not increase too much, so the impact is quite limited. From the data point
of view, the sesame supply from Taman
Port in August has
arrived. Huangdao
Port is expected to arrive
about 40,000 tons. Tianjin Port is expected to arrive at around 10,000 tons. If calculated
according to the normal amount out of storage, there will be no significant
increase in imported sesame stocks until the end of August.
At present, the concern about supply is
mostly in domestically produced sesames. Bian Tingting pointed out that the
domestically produced sesame in the province
of Hubei would come into
market at the end of August. This year, the domestically produced sesame area
is expanding. If the weather is good during the receiving period, the output
will increase, and the market price may be reacted in advance and further
lowered down.
In terms of demand, the current volume of sesame
delivery is quite poor, and the daily average delivery of Huangdao Port
is slightly more than 1,000 tons. In view of the high price of the port in the
early period, the weather is relatively hot, and the downstream procurement is
cautious, the overall demand is relatively inactive. In addition, some
merchants are waiting for the available market of the domestically produced
sesame, and the shipment of imported sesame for nearly one month is not ideal
as well.