There has been a strong price hike of 50 to 80 USD PMT in the market for sesame seeds after it experienced a steady increase in the last week, and Korean Tender was released yesterday. On Monday, August 23, almost all the significant varieties’ prices had a sudden decrease. As a result, it was becoming a concern for the traders.
Earlier this week, White Natural 99/1/1 slumped to $1,36 per kg FOB from $1,40 per kg FOB. Whereas White Natural Sortex 99.5% dropped from $1,50 per kg FOB to $1,47 per kg FOB. White Hulled Sesame Seeds Auto Dry, 99.98%, 99,97%, and 99.95% also experienced a decrease in the price when the market closed. White Hulled Sesame Seeds Auto Dry, 99.98% ended the day at $1,86 per kg FOB, White Hulled Sesame Seeds Auto Dry 99.97% decreased to $1,80 per kg FOB from $1,81 per kg FOB, and White Hulled Sesame Seeds Auto Dry 99.95% decreased to $1,78 per kg FOB.
But from last two days, especially after the Korean tender got released market got back again with a strong hike of 50 to 80 USD PMT. Now Europe Quality for Hulled Sesame Seeds 99.95% is offered at $2,27 per kg basis and Non-EU quality at $19,50 per kg.
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