Global Sesame Market Holds Firm Despite Harvest Challenges

The global sesame market has shown resilience this week, maintaining stability despite ongoing challenges in Nigeria. Strong export demand and reliable contributions from countries like India, Pakistan, and Turkey are helping to offset concerns over supply disruptions. Prices across most markets remain steady, reflecting confidence in the current balance.

India’s Export Strength Keeps Prices Steady

In India, sesame prices remain stable, with raw sesame trading between USD 1,14 and 1,28 per kg in key producing states such as Uttar Pradesh, Gujarat, and Madhya Pradesh. At Mundra Port, hulled sesame continues to trade at USD 1,94 to 1,96 per kg, unchanged from last week.

Increased arrivals in local markets like Neemuch and Rajkot are contributing to price consistency. Meanwhile, robust export demand from South Korea and Russia is adding support. However, subdued domestic consumption is keeping price growth in check.

Nigeria’s Harvest Struggles Raise Supply Concerns

Nigeria’s sesame harvest remains under pressure due to relentless rains that have caused significant delays. As of last week, only 60% of the crop had been harvested, and further progress has been slow. Concerns over crop quality and yield are mounting, raising questions about the global supply outlook.

One exporter remarked, “The ongoing rains have severely disrupted the harvest. If the situation doesn’t improve, we may see ripple effects in the global sesame market.”

Pakistan: A Pillar of Reliability in Global Supply

Pakistan continues to provide much-needed stability to the sesame market, with prices ranging between USD 1,19 and 1,24 per kg. Exports remain consistent, reinforcing Pakistan’s position as a dependable supplier. There have been no significant changes in market conditions or export flows from the region.

Turkey: Stable Imports Buffer Against Supply Shocks

Turkey’s role as a stabilizer in the sesame market is evident, with prices holding between USD 1,10 and 1,30 per kg. Imports from Nigeria, Sudan, and Brazil remain sufficient to meet local demand, even with occasional logistical delays. Turkey’s steady import activity is a key factor in maintaining global supply balance.

Future Trends: Balancing Stability and Supply Concerns

The near-term outlook for the sesame market appears stable, bolstered by strong demand from South Korea and Russia. Consistent contributions from major exporters like Pakistan and Turkey are also helping to mitigate risks. However, Nigeria’s ongoing harvest delays and quality concerns remain a wildcard.

If weather issues in Nigeria persist, the market could face supply disruptions, leading to potential price volatility in the months ahead. For now, the global sesame market demonstrates a remarkable ability to navigate uncertainties, maintaining stability in challenging conditions.





Click here to reach our trading platfrom CMBroker