Pumpkin Seeds Market Update June 2022 Week 23

It has been reported that pumpkin seeds prices are set to continue to increase in China. This is largely due to an ongoing issue with spectators. As you know, spectators in China hold large volumes of pumpkin seeds and can, therefore, set market prices. This has impacted exports as well as prices keep increasing and that’s not feasible.

With the current freight situation with no end in sight, an increase in prices of pumpkin seeds is proving to be an issue. Prices for grade A shine skin kernels have surged drastically from CNY16.30 per kg to CNY 19.0 per kg. As mentioned, these prices have subdued export markets but it is a completely different case for local ones. In fact, it is expected that spectators will likely drive prices upwards.

But there is no need to be alarmed. With the new crops coming in the next three months, there is plenty of time for them to do as they please. It is expected that the market will play along, so don’t be too surprised. We will let you know as the situation progresses.