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Sesame Market Continues to Be Inactive

Pubtime:2018-08-31Author:Source: Hits:

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.