Sesame Seed Inventory at Huangdao Port Soars During W42

As of October 18, 2023, the sesame seed inventory at Huangdao Port, China, has reached 132.50 thousand metric tons (mt), representing a month-on-month (MoM) increase of 7.11%. This increase is attributed to two primary factors: the arrival of sesame seeds from Pakistan and reduced trading activities due to the historically high prices. It is anticipated that the inventory will continue its upward trajectory in the upcoming weeks as buyers remain hesitant to stock up due to the prevailing high prices.