Market participants reported pumpkin seed shine skin is still stable, and there will be no major changes until the new crop.
Reports that acreage will be up to 30% lower have proven to be false. Experts now expect a 10% reduction in acreage.
If weather conditions remain good during the growing season, market participants expect the 2021 harvest to be excellent.
Traders forecast that the opening price of the new crop will be USD 2.25/KG-USD 2.41/KG, and the FOB price for Shine Skin AA will be around USD 3.15/KG-USD 3.35/KG.
Current Market Price in China for pumpkin kernel, AA
|Product Name||pumpkin kernel|
|Package||25kg paper bag|
|Fob Dalian||Usd 3620/mt|
|Delivery||20 days after the contract|