market-update No. 02-2025 pumpkin seed kernels

2025-01-08 | Situation report: Are pumpkin seed kernels at a tipping point? Does long-term coverage make sense?  

We see the pumpkin seed kernels at a turning point! The SHINE SKIN – quotes went weak during the last two months. The large 2024 crop is the main driver. The underwhelming demand from overseas and low domestic orders for the Chinese New Year celebration brought the prices to an all-time low at the beginning of January 2025 and far below farmers' break-even.