November 5, 2024 – Dalian, China – As the New Year approaches, exporters in Dalian are experiencing significant shifts in the pumpkin kernel market. Market pressures during this time may be contributing to recent price increases.

Impact of Geopolitical Events on Export Volumes

The Red Sea incident recently impacted the export market, causing a noticeable decline in export volumes. This geopolitical tension has disrupted traditional trade routes and affected the overall export performance. Despite these challenges, producers remain optimistic, with high enthusiasm for replenishing stock levels. Domestic market demand continues to play a crucial role in supporting prices, even as export activities face headwinds.

Decline in Western Demand and Rise in Southeast Asia

Exports of organic pumpkin seeds to Europe and the United States have decreased sharply, resulting in a stronger dominance of the domestic market. Conversely, demand in Southeast Asian markets is gradually increasing, offering new opportunities for exporters seeking to diversify their trade destinations.

Current FOB Prices for Pumpkin Kernels in Dalian

The current market prices for Chinese pumpkin kernels in FOB Dalian, China, are as follows:

All orders are scheduled for delivery 20 days after the contract is finalized, ensuring a timely supply chain to meet market demands.

Conclusion

Despite the challenges posed by geopolitical events and shifting market demands, Dalian exporters remain resilient. The increase in domestic demand and emerging opportunities in Southeast Asia provide a balanced outlook for the pumpkin kernel market. Exporters are advised to stay attuned to market trends and geopolitical developments to navigate the evolving landscape effectively.





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