The pulse market in Shanxi has been hit with unexpected delays due to recent rainfall, pushing the expected listing of new pulse crops to around October 1st. Both European importers and Chinese exporters are closely monitoring these developments, as fluctuating prices and market uncertainty continue to pose challenges. Here’s what we know so far about the impact on the pulse market.

Weather Delays Pulse Harvest in Shanxi:

Shanxi, a key pulse-producing region in China, has seen significant rainfall in recent weeks, leading to delays in the harvest. Originally expected to reach the market sooner, new pulse crops will now likely be available by early October.These delays could disrupt the supply chain, as Shanxi’s pulse production is a critical component of China’s agricultural export market.

Increased Planting Area, Lower Expected Yield:

Although the planting area for pulses in Shanxi has increased year-on-year, the overall yield is anticipated to decline. Market participants are anxiously waiting for the final results of the harvest, especially given the challenges posed by the ongoing rain.The delay in the harvest has left both buyers and sellers in a holding pattern, waiting to see how the situation will unfold.

European and Chinese Market Participants on Edge:

Both European importers and Chinese exporters have been keeping a close watch on the pulse market, with many focusing on the unstable price dynamics. The lack of clarity around pricing has made it difficult for exporters to set accurate rates, which has left importers hesitant. Many in the market are waiting for the new pulse crops to be listed in hopes of more stability.

Price Volatility and Market Hesitation:

The pulse market in Shanxi is currently facing significant price fluctuations. The uncertainty surrounding the delayed harvest has made it nearly impossible for exporters to predict or stabilize prices. This unpredictability has had a ripple effect on both domestic and international markets, making it difficult for businesses to lock in deals or forecast long-term trends.

As Shanxi’s pulse harvest continues to be delayed by poor weather, exporters and importers remain on edge, waiting for price stability and clearer market signals.With the new pulse crops expected to be listed in early October, the coming weeks will be crucial for determining how the pulse market will recover from these delays and what the future holds for pricing and trade.

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