News

Richard Dalian

Sep 3, 2024

Dalian Pumpkin Market Awaits New Cargoes: Anticipated Price Drop and Market Uncertainty

Dalian Pumpkin Market Awaits New Cargoes: Anticipated Price Drop and Market Uncertainty

The pumpkin market in Dalian is currently in a state of anticipation, with exporters holding off on replenishing their stocks as they wait for the arrival of new cargoes at the end of September. Feedback from market participants suggests that current stocks are scarce, and there is a widespread expectation that prices will drop slightly once the new shipments enter the market. This cautious approach is also influenced by concerns about the impact of the ongoing situation in the Middle East on export markets.

Limited Stocks and Anticipated Price Drops

Exporters in the Dalian pumpkin market are currently maintaining minimal inventory levels, choosing to wait for the new cargoes rather than replenishing their existing stocks. This decision is largely driven by the expectation that prices will decrease slightly when the new shipments arrive at the end of September. As a result, the market is experiencing slow shipment sales, with prices gradually declining.

Export Market Concerns Amid Middle East Uncertainty

The situation in the Middle East is adding a layer of uncertainty to the export market, causing exporters to worry about potential disruptions. Buyers in key regions such as the Middle East, Europe, and Southeast Asia are also waiting for the new shipments, contributing to the overall cautious atmosphere in the market. The potential impact of the Middle East situation on demand and pricing is a critical factor that exporters are closely monitoring.

Market Outlook: A Cautious Approach Ahead of New Shipments

With the market in a holding pattern, the focus is now on the arrival of new pumpkin cargoes at the end of September. While a slight price drop is expected to stimulate buying activity, especially among international buyers, the broader market outlook remains uncertain. The situation in the Middle East, in particular, will play a significant role in shaping market dynamics in the coming weeks.

Navigating Uncertainty in the Pumpkin Market

The Dalian pumpkin market is currently navigating a period of uncertainty, with low stocks, slow sales, and the anticipation of new cargoes contributing to a cautious approach among traders and exporters. The potential impact of the Middle East situation on export demand adds an additional layer of complexity to the market outlook. As we approach the end of September, all eyes will be on how these factors influence prices and export activity.

The Dalian pumpkin market is facing a delicate situation, with exporters hesitant to restock and the market bracing for potential price drops. The uncertainty surrounding the Middle East adds to the complexity, making it crucial for all market participants to stay informed and adaptable. The next few weeks will be telling as new shipments arrive and the market reacts to these evolving conditions.
Product  Name Chinese Pumpkin Kernel
Moisture10% max
Package12.5x2 vacuum bag
Purity99.95%
Loading17mt /20GP
Shine skin kernel AA EU standardUSD 3480-3530/mt - EURO 3141-3186/mt
Shine skin kernel A  EU standardUSD 2670-2700/mt - EURO 2410-2437/mt
GWS AA     EU standardUSD 3400-3450/mt - EURO 3069-3114/mt
GWS A      EU standardUSD 3240-3270/mt - EURO 2924-2952/mt
NOP  Org. Shine skin kernel A AUSD 3580-3630/mt - EURO 3231-3277/mt
Delivery20 days after the contract
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