Sesame Weekly Update
India: New Arrivals Bring Hope, But Challenges Persist
In India, the sesame market is seeing new arrivals in regions like Mahoba, Urai, and Rahat in Madhya Pradesh. However, heavy rainfall has delayed crop harvesting in key states like Gujarat and Rajasthan. New sesame bags are arriving daily in Madhya Pradesh, and expectations are high that Gujarat and Rajasthan will see increased arrivals by Diwali. Yet, some areas are still reeling from weather-related damage, causing concerns over the quality and yield of this year's sesame harvest.China: Strong Stocks, But Uncertainty Looms
China is one of the biggest importers of sesame, still has strong stock levels at Qingdao Port. Recent estimates show that there’s plenty of supply. However, uncertainty still lingers. Earlier weather problems this year have caused production issues, leaving buyers a bit cautious. Even though demand for sesame remains high, supply disruptions—especially from countries like India—are making global buyers nervous.Chad: A Promising Harvest is Just Around the Corner
Chad is gearing up for a good sesame harvest this season, with the crop set to be harvested by mid-November in both southern and northern regions. Small white sesame seeds from the southern areas and larger white and red sesame from the north are expected to hit the market soon. Chad’s growing sesame sector is a bright spot for the international market, which is dealing with supply challenges elsewhere.Pakistan and Sudan: Good Crops Hope
In Pakistan, farmers have harvested about 80% of the sesame crop, helped by favorable weather speeding up the process. This strong harvest has boosted Pakistan’s standing in the global market. Meanwhile, Sudan continues to face difficulties. While sesame harvesting has begun in key regions, economic instability and internal conflicts are making it tough for farmers to fully benefit from this year’s crop. Still, the first shipments of the new crop are expected to arrive by November, offering some hope to the global sesame market.Conclusion: Can the Market Stabilize?
The global sesame market is volatile, with major producers like India and Sudan dealing with weather-related and internal challenges. With new arrivals in India and Chad’s promising harvest just around the corner, there’s a chance the market could stabilize. However, China’s strong stock levels and lingering logistical issues in Brazil add to the uncertainty for the months ahead.Click here to reach our trading platfrom CMBroker