๐ Market Overview: Pumpkin Seed Prices
Recent market feedback indicates a downturn in pumpkin seed prices as warmer weather curbs demand both domestically and internationally. With a focus on inventory reduction, significant price drops are anticipated in May. The export volume of pumpkin seeds for the 2024-2025 season has decreased compared to the previous year, suggesting a potential further decline in prices.
๐ Current Pricing and Trends
๐ Key Market Drivers
- USDA reports and forecasts indicate a decrease in pumpkin seed exports.
- Inventory management remains a priority due to sluggish market demand.
- Speculative positions are adjusting in anticipation of further price declines.
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Weather Outlook
The upcoming weather forecast shows continued warm temperatures across major pumpkin growing regions in China, potentially accelerating the harvest period and affecting crop yields.
๐ฎ Price Forecast
Over the next three days, prices are expected to fluctuate slightly but maintain a downward trend due to persistent low demand and high inventory levels.