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Current Market Developments:

• The weekly Sesame seed prices trend chart indicates that prices have remained slightly weak in the last couple of weeks in spot markets of Gujarat and Rajasthan.

• Subdued domestic demand from traders and stockiest is witnessed against sufficient availability.
• As per market sources, in the coming weeks the arrivals are likely to decline as around 60-65 percent of crop from Uttar Pradesh, Madhya Pradesh, Gujarat, and Rajasthan is estimated to be arrived out of 1.75 to 2 lakh tonnes kharif crop estimated in these states.
• Last year imports were around 27 thousand tonnes as against 27-30 thousand tonnes expected during the current year till March. Exports have remained low due to higher price of Indian sesame in global market.
• Sesame seed prices in domestic markets are expected to get good support from lower crop production estimates. As per the 01st advance crop production estimate for 2022-23 by Ministry of Agriculture, total domestic Sesamum Kharif season production is estimated to decline by 17 percent at 6.34 lakh tonnes as compared to 7.62 lakh tonnes harvested during 2021-22.
• However, looking at the global front, Sesame crop in African nations is expected to be on higher side. Nigerian crop of around 3.50-3.75 lakh tonnes is expected as against 3.25 lakh tonnes last year. In Sudan also the crop quality and production expected to be on higher side at 5 lakh tonnes as compared to last year 4.25 lakh tonnes last year.

Sesamum Seed Price Trend Vs Seasonality at Key Markets

Sesamum:  Area, Production and Yield: India & Major States

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“agribazaar” 2022.