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The 12th Weekly Sesame Report

Posted on:2016-03-25 10:58 Page views:3986


Source: China AGLOOK!
A. Market Report:
       This week (Mar 19 - 25), domestic sesame prices have moved up a bit throughout major producing areas while imported sesame prices have hiked up at the ports in China compared with last week. On global market, the prices have also moved up this week.


Major Production Areas in China: (USD vs RMB:6.53:1)



Major China Ports:

Kindly Note to all the foreigner exporters:

CHINA PORTS SPOT PRICE is the price Chinese traders offered to their terminal Chinese customers. They are only one of the factors for your reference to your offers to Chinese importers. Here we want to explain to some of the Ethiopia exporters members, some of them do not know why our China port spot price is much higher than the Ethiopia ECX exporters’ offer. 

1) China ports spot cargoes price is the spot price. ECX exporters’offer is the future price for Chinese traders. 

2) ECX exporters’ FOB offer+ Freight +insurance+ government tax in China + financial costs + Holding cost in the port + profit of traders + other fees cost when imported = China ports sport price.

Anything do not understand, kindly let us know. 


a. Huangdao Port

b. Tianjin Port


Global Sesame Offers:

Ethiopia:
Ethiopia first-grade sesame (2015-2016 season) from direct suppliers: FOB 1350 USD/MT for April shipments.
Ethiopia second-grade sesame (2015-2016 season) from direct suppliers: FOB 1280 USD/MT for April shipments.
Sudan:
Sudan white sesame (2015-2016 season) CNF price:1280 USD/MT for April shipments.
India:
India new white sesame (99/1/1 white sesame, 2015-2016 season) is quoted at CNF 1120 USD/MT for April shipments.
Nigeria:
Nigeria oilseeds (2015-2016 season):FOB 1100 USD/MT for April shipments.
Mali:
Mali mixed sesame (2015-2016 season): FOB 1090 USD/MT for April shipments.
Burkina Faso:
       Burkina Faso mixed sesame (2015-2016 season): FOB 1090 USD/MT for April shipments.
       Burkina Faso white sesame (2015-2016 season) is quoted at FOB 1150 USD/MT for April shipments.
Tanzania:
       No offer for Tanzania mixed sesame (2015-2016 season) for April shipments. No offer for Tanzania quality sesame (2015-2016 season) for April shipments.
Mozambique:
        No offer for Mozambique sesame (2015-2016 season) for April shipments.
Ethiopian ECX Exchange Situation:

        This week, the trading volume basically remained unchanged but the prices have hiked up this week, with HUMERA white sesame traded the most. According to ECX (Ethiopia Electronic Trading Platform), from Nov 9, 2015 to Mar 23, 2016, it traded about 267860.5 tons of new season sesame in toal. On Mar 23, 2016, it traded about 2299.5 tons of sesame in total, averaging 1240.86 USD/MT, with WOLLGA averaging 577.8 tons, at the price of FOB 1211.33 USD/MT; HUMERA 1707.8 tons, at the price of FOB 1267.21 USD/MT, RDSSUG 13.9 tons, at the price of 1282.37 USD/MT.
A.  China Market Trading & Stock Situation
1. 2016 Weekly Sesame Sales Trend at Domestic Ports as follows: