News

Richard Dalian

May 15, 2024

Dalian Pumpkin Market Slows Down Amid Warmer Weather, Prices Expected to Drop

Dalian Pumpkin Market Slows Down Amid Warmer Weather, Prices Expected to Drop

Pumpkin Market Feedback and Temperature Impact

Recent reports from market participants in Dalian indicate a slowdown in sales activity as temperatures rise. Despite this, prices have held relatively steady. However, with the onset of warmer weather, the market is anticipated to enter its traditional low season, leading to an expected decline in prices by the end of May.

Producers' Response and Export Markets

In response to the changing market dynamics, producers have begun to scale back their raw material purchases gradually. Export markets, primarily concentrated in the Middle East, Southeast Asia, Europe, and South Korea, continue to play a significant role in market activity.

As temperatures increase, the Dalian market is poised to experience a shift towards its low season, resulting in anticipated price declines. Producers' adjustments in raw material purchases and the ongoing influence of export markets will likely impact price stability in the coming weeks. Monitoring these factors will be crucial in understanding the direction of market prices, which may either rise, stabilize, or fall accordingly.

Current Market Price in FOB Dalian, China for Pumpkin kernel

Product  Name Chinese Pumpkin Kernel
Moisture10% max
Package12.5x2 vacuum bag
Purity99.95%
Loading17mt /20GP
Shine skin kernel AA EU standardUSD 3960-4000/mt - EURO 3654-3691/mt
Shine skin kernel A  EU standardUSD 3050-3080/mt - EURO 2814-2842/mt
GWS AA   EU standardUSD 3830-3860/mt - EURO 3534-3561/mt
GWS A    EU standardUSD 3660-3690/mt - EURO 3377-3404/mt
NOP  Org. Shine skin kernel A AUSD 4100-4130/mt - EURO 3783-3810/mt
Delivery20 days after the contract
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