Source: China AGLOOK!

2. The new sesame from West Africa has arrived to China port gradually. It may stop the sesame price to be increased continuously.

According to what we know, the most cheapest sesame at the port is from West Africa mostly, especially the sesame from Nigeria. The price of mixed Nigeria sesame is at around 10,000 RMB/T. And the offer of overseas mixed Nigeria sesame is at around CNF 1,360 USD/T, which is the same as the price at China port. It is not increased crazily the same as the Ethiopia sesame. The main reason is that there are more Nigeria goods at China port. And it will affect its price indirectly. On the contrary, the Mozambique sesame at China port is also much higher at 10,900 RMB/T. Why? Because the arrival quantity of such sesame is less and most of the oil plants prefer to buy such sesame.

According to what we know from West Africa, it loads much goods in November to December, and the goods will arrive at China ports in January, 2018. So there will be enough goods, which will restrict the increasing of imported sesame price in China. From November to December, the loading CNF price for West Africa sesame is mostly at…… 

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