High Prices and Market Dynamics

Feedback from exporters in Dalian reveals that prices for exporting standard pumpkin seed kernels remain high, contributing to a sluggish market atmosphere. However, forecasts suggest a potential price fall starting from late April, signaling a shift in market dynamics.

Scarcity of Organic Raw Materials

Organic raw materials are in short supply, prompting most exporters to hesitate in exporting organic products. This scarcity is largely attributed to stringent controls in the EU, resulting in a renewed surge in prices for organic pumpkin seed kernels.

Key Export Markets

Export markets primarily focus on regions such as the Middle East, Germany, the UK, and the Netherlands. Despite high prices and market challenges, exporters continue to navigate international trade, albeit with caution.

Challenges Amidst Red Sea Incident

The market situation is further complicated by the Red Sea incident, which has doubled sailing times for ships. This unforeseen challenge adds to existing market pressures, contributing to a grim outlook for exporters.

Stability in Domestic Market

In contrast to the international scenario, the domestic market remains relatively stable. While challenges persist in the export sector, the domestic market provides a semblance of consistency for pumpkin seed kernel traders within Dalian.

Current Market Price in FOB Dalian, China for Pumpkin kernel