Sesame seed prices in India's Madhya Pradesh fell 9% WoW to USD 0.96/kg on the 20th of March due to anticipated higher production in the summer crop. Prices rose in 2022 due to damage to the Kharif crop, the high prices in turn prompted farmers to plant more in the summer crop. There are no official crop estimates available for the summer sesame crop, which make sentiment a significant price driver, and the recent drop in prices could be overdone.
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