So these people in villages will surely not sit idle , they will do manual labour provided by the Govt/NGO's etc which right now is about Restoring Water bodies in preparation for Monsoon, building check dams on river fronts etc. Provide your contact details. The triggers are all but ready and the biggest factor would again be demand.The Export Numbers clearly suggest that volumes have not dropped , consumption has not decreased, infact the markets which were resistant to prices above $2000 levels have pretty much accepted them and slowly but steadily the bottom has moved up. We sell and Export Gold Bar, Rough Diamond, Sesame seeds, Yellow Corn, Icumsa 45 Sugar, Used cooking Oil at an affordable price. Nigeria’s sesame seeds hold value for exports and are currently in rapid demand worldwide because of the value of the seed oil. $1.32 per kg. The markets got stretched to begin with when everyone rushed to cover shorts and stocks ,Once big volumes of Import cargos landed in India the prices just could not sustain the bull run. C:- If the Covid situation improves we could see a demand resurrection as destination stocks are low in consuming countries apart from China.If another lockdown happens in India the supply Lines this time will be severely effected. Sesame seed is a viable investment opportunity. 28 Nov, 2020 We sell and export , , Sesame seeds, Yellow Corn, Icumsa 45 Sugar, Used cooking Oil at an affordable price. Jiji.ng is the best FREE marketplace in Nigeria! Imports from Sudan/Nigeria/Pakistan/Somalia etc which picked up pace have definitely slowed down, their supply lines are strained and with problems in Sudan and conflict with Pakistan these 2 origins are effected the most. 4:- The African imports have started to trickle in which will keep the supply chain well lubricated for the months to come. 5:- As you all must have read there was a huge movement of Migrant workers from Cities to the Villages in India , they are back now and not going to the cities anytime soon as the general perception among the poor is that ". Need A Buyer For Sesame Seed Company Here In Nigeria - Business To Business - Nairaland. It has been almost 50 days since the new crop arrivals have started.The crop as we all know by now was projected to be small and It is quite evident from the arrivals that the numbers were close to reality .The crop is short by almost 60%. It is second to cocoa in terms of export value. Get latest info on Sesame Seed, Dried Sesame Seeds, Natural Sesame Seeds, suppliers, manufacturers, wholesalers, traders, wholesale suppliers with Sesame Seed prices for buying. So basically the Super Store sales of bread by Corporate suppliers are Up while the artisan breads like the NY Bagel's or Simit etc will be down. Someone catering Sesame sticks/Crackers to Airlines/Hotels may have zero demand but someone selling Sesame cookies for a government run food program may see a quantum jump. Our sesame seed are also. There are two variants of the seed in the country: the white and black sesame seed. More than 4 best deals for sale Buy Sesame Oils online. We sell and Export Gold Bar, Rough Diamond, Sesame seeds, Yellow Corn, Icumsa 45 Sugar, Used cooking Oil at an affordable price. In international markets the average price of sesame seed was US $1229/tonne in 2018, with black sesame returns approximately 45% higher than those for white sesame. Meaning the Importers in India who had booked African cargo for their forward sales also started to buy in India and Vice Versa. 7:- Port stocks in China were last said to be hovering around 200,000 MT mark with outgo reduced from 3000 MT Daily to below 2000 MT Daily , however new arrivals are said to be slowing down as like all smart buyers they did not buy much for May/June shipments in anticipation of East African new crops and slowing consumption. About 32% of these are Other Farm Machines. Ndike Market, Obawole, Ifako Ijaiye, Lagos, Nigeria. The Company specialized in Farming and Wholesale Fresh and dry splits Ginger, Bitter Kola nut, Sesame Seeds, Tags: Nigeria Agriculture Buyers Nigeria Bitter Kola Nuts Buyers Nigeria … Bottom line is that over the past 7 months we have exported about 170,000 MT and Imported about 70,000 MT , since Imports are for Exports only I would assume all that we imported is already consumed or is in process and we have consumed about 120,000 MT from the last crop , plus we consumed a minimum of 100,000 MT for our domestic winter demand. Sesame Seeds as we know is way down in the priority list of the food chain in most cases so I don't really expect any dramatic changes in our trade but nevertheless this is what I and you do, so its important that we discuss it in all sincerity. D:-With a good monsoon expected , Winter sesame crop could get affected. Sometimes I feel we are oddly hypocrital when it comes to Africa, the buyers in first world countries who speak of poverty and hunger in Africa have been telling Indian suppliers that their offers are above African quotes, which then prompt the Indian Hullers to try and bargain down prices from African suppliers even further to match their levels and the chain continues. Bulk Sesame oil sales to restaurants will be down in South East Asia but Domestic bottle sales may have been isolated. The company was saddled with the responsibility of revolutionizing the maize value chain by producing high-yielding hybrid maize varieties in Nigeria. Apart from that the government is leasing out a lot of land it owns to landless farmers for cultivation , they would grow something, not saying " Just Sesame" , but whatever grows in that area for that matter, pulses, grains, oilseeds, vegetables , cattle feed could be anything but surely not a single farm will go untilled this monsoon season. The game this year has not been about price at all, for people who made money and those who lost the difference has been the timing of sale/purchase.The exit doors are becoming smaller and smaller and if you are playing safe and trying to catch the top or bottom, chances are you might never get through, on the other hand the people who are working with good suppliers and rolling volumes get more chances to cover losses if the made any and also make a lot of money when that sudden short time spike comes. EAT TO LIVE; KNOW WHAT YOU EAT: AGRO NEWS NIGERIA’S QUALITY AND STANDARD SENSITIZATION... Agro commodities Investment & Export Workshop Masterclass; Register To Attend. Let me know if missed on some other fancy uses :). The seed will need to remain in moist soil for 3 to 5 days. We saw a rally of about 60% in Oct-Nov domestically whereas the African markets went up by roughly 30% in that period. The trend continued all year long after that. If you’re planning to start a lucrative sesame seeds production business in Nigeria, you will find all the business opportunities associated with it, and a detailed how-to guide to help you start effectively here. In Middle East sales of bulk pack Tahina to restaurants will be down but small bottle sales for home consumption could be up. Alibaba.com offers 100 sesame seed price in nigeria products. 8:- Indian Exports at "BEST" could touch an average of 20,000 MT per month in the next 3-4 months till new crop is available , So say till 15 October "MAX" we need about 100,000 ( Hulled/Natural combined ) at " MOST " to sustain our factories, anything more, it simply sits in the warehouses and anything less we panic and start booking more from Africa. the jobs are anyways limited. +2349033265035 Mon - Sat 08:00am - 6:00pm 27, Ola Street, opp. 5:- With replacement price still remaining high domestically the stockiest will hold on that much longer creating a tight demand supply chain. 2:- This year on the other hand the sowing was fantastic to begin with , Sesame at the time of sowing was one of the highest priced commodity , the weather forecast of less rainfall this year was perfect for the Sesame crop ,irrespective of our opinion the farmers are smart and know what they are doing. Jiji.ng is the best FREE marketplace in Nigeria! Overall nothing drastic that can create a panic or cool down the supply lines. Our Sesame Seed Specification: Origin: Nigeria Type: Unhulled/Hulled Sesame Seeds Price: Negotiable per kg/Ton Trial Order: 10 – 20 Metric Tonnes Trade Process: FOB/CIF Payment Method: 100% irrevocable L/C at Sight Packaging: As Preferred by the Buyers / 50 kg per Bag Container Size: 20ft FCL Shipping Time: 15 to 30 days after confirmation of L/C Loading Port: Lagos, Nigeria Nigeria’s sesame seeds hold value for exports and are currently in rapid demand worldwide because of the value of the seed oil. A:- Consumption is down worldwide, its not coming back to its original levels anytime soon. It rose from 14.9% in February 2020 to 15.18% in June 2020, showing an increase of about 0.28% within only four months. The potential for sesame cultivation in Nigeria is very high as an estimated 3.5 million hectares of the country’s agricultural land are suitable for the production of the sesame seed. Easy as the number may look, its now a battle between the " Have's " and the "Have not's " , one Exporter/Trader may have excess and another could be short , this delicate balance is what's probably going to keep the market going for the next 3-4 months till ready availability for all returns. In general, the yield showed a noticeable curtailment. Not many I am sure. Nigeria is the largest producer of sesame seeds in Africa, and the third largest in the world, with about 580,000 tonnes produced in 2017. Stable rangebound business is good for everyone for the time being. Any business that tries to increase their retail consumer prices will face a massive backlash.Price jump in commodity means the retailers/food processors start loosing money. A:- India did not buy much from Africa in the last few months so Imports will dry out from next month onwards , fresh bookings will not reach Indian ports before September. Most buyers understood the situation and co-operated. Please fill this form to view price. SESAME !! Sesame seed is considered Nigeria’s second largest agro export earner, with the potential of generating billions of naira in foreign exchange yearly, if given the necessary attention it … How Nigeria Can Develop Its Dairy Industry, Attend Farmers Town hall & Training To Hold In Kaduna; Its FREE, Attend 2019 Farmers Townhall & Training for Farmers; Its FREE, Are you a Farmer? Posted on December 9, 2020 by admin — No Comments ↓ Dear users you will only be able to see sesame seed prices today complete report only if you are our subscriber. Factors that will stabilize or push up the markets should be. It is an Agrobusiness and Agricultural extension platform developed to enlighten and educate the Nigeria public, farmers on best practices for Agrobusiness (crop, livestock, Agro commodities Export), while keeping prospective Agro investors informed on Agrobusiness opportunities and the citizenry updated on Agribusiness development in the country. E:- A Big Brazil crop is almost round the corner, Chinese/Myanmar crop comes in 3 months, Indian crop in 4 , then followed by Africa by Dec. Sesame seeds are one of the highly sought after cash crops in Nigeria. Current levels are a good buy and going ahead expect a slow steady rise ,right upto last season's top levels at best. ... An amber … Looking at the way business has changed over the years I can safely say the Chinese Model of having good at Port/Warehouse/in hand/possession or say near consumption points is far more intelligent than having long term contacts in your books.If you are not covering yourself for spot demand and sudden spikes in prices you are loosing a lot more than your competitor who will eventually take the market share from you weather you like it or not. The seed will need to remain in moist soil for 3 to 5 days. Need buy or sell Sesame Oils in Nigeria? Sesame Seed Market Prices in Nigeria / Kano. 1kg is currently available. we deal in the supply of sesame seed of Nigeria origin with the following specification: purity 99.5%, moisture content 6% maximum, admixture 0.5%, free fatty acid 2% maximum. Get FREE Quote from Altaaf Global Trading Ltd for Sesame seed in Nigeria. Unhulled sesame seeds are the most exported types of Sesame Seeds by Sesame Seeds exporters in Nigeria. On the Field trip I saw plants as high as 7 feet and full of pods so the yields should have been Epic this year. Not trying to post a grim picture but facts are facts. So depending who you are actually catering to your perception for Demand and Consumption could be different. COMMODITIES UNITS INTERNATIONAL PRICE($) TERMS LOCAL PRICE (₦) AS AT MARKET Full Details; Soya Beans: M/T: 425.60: CIF: 135,000.00: 04/Dec/2020: Kano: View more: Sesame Seeds … Our Sesame Seed Specification: Origin: Nigeria Type: Unhulled/Hulled Sesame Seeds Price: Negotiable per kg/Ton Trial Order: 10 – 20 Metric Tonnes Trade Process: FOB/CIF Payment Method: 100% irrevocable L/C at Sight Packaging: As Preferred by the Buyers / 50 kg per Bag Container Size: 20ft FCL Shipping Time: 15 to 30 days after confirmation of L/C Loading Port: Lagos, Nigeria 1:- Africa started to face problems in shipping by April ,with on and off lockdowns and limited availability of container and vessels which meant that a lot of cargo which could have been sold or shipped out got stuck at the origin. ... - Sudan/Nigeria apparently had a good crop and with China not buying aggressively they shifted their focus to Indian market and fed them without any problem. agronewsnigeria@gmail.com, info@agronewsng.com. The consumer price index for food has increased all through the pandemic period. The current international price of sesame seed is put at $1,600 or $1,650 per metric tonne. Featured below is a detailed overview of the global Sesame Seed market information. At consumption destinations the warehouse stocks started to shrivel up. With sesame seed still in demand globally and with vast areas of land suitable for its cultivation. SESAME !!! If you ask me to put a number on the stocks available in India at Market yard levels I would say in total not more than 25-30,000 MT all 4 major states (UP,MP,RAJ,GUJ) put together, thats about 350,000 bags of 80 Kg Each or about 1200 Truck loads. The reason for the popularity of sesame seeds is due to its numerous health and industrial benefits. We are of the opinion that the Sesame Seed prices will remain firm. Tags: Nigeria Agriculture Suppliers Nigeria Garcinia Kola Suppliers In fact, since the start of February 2020, the price has fallen by only US$60 per tonne (i.e. A fall in prices means that someone in China would step in and clean up the market, a major increase and India would start buying aggressively in Africa once again, with no stocks domestically to pull it down and no major import volumes expected to land quickly this rally could sustain and could only stop due to profit bookings and lack of demand. Pls interested buyers contact me on 08027864392 With 10 months still to go the chances of UP days are more than the Down Days. It is the peak season for Agro commodities Sourcing, Trading and Export. Tags: Nigeria Agriculture Suppliers Nigeria Garcinia Kola Suppliers A 30% drop in consumption for Sesame Seed over 6-8 months gives the world a buffer of about 300,000-400,000 MT. The North-West regional version of The Farmers' Townhall & Training organized by Agro News Nigeria is set to hold in Kaduna on the 15th... Agro News Nigeria is set to host the 2019 edition of its annual Farmers' Training and sensitization programme, under the flagship name; Farmers' Town... Agro News Nigeria (Agro News & Investments Nig Ltd) is an indigenous Agricultural Investment promotion, Agric Extension, Research and Agric investment company. Sesameseed Price Prediction 2020, SEED Price Forecast. This I think is an interesting change to watch out for. 1:- We soon had a situation where prices in India were going up faster than the buyers at destination could adjust to, the low priced cargo's were being sold at a discount which caused a resistance for fresh buying as there was practically no price parity. From 2007 to 2019, the biggest increases were in Sudan, while sesame seed production for the other global leaders experienced more modest paces of growth. 2:- The Indian Summer crop can easily be estimated to be about 60-70,000 MT for White , however most of it is good 99/1 grade which will go for NSS sorting with limited supply available for Hulling unless someone desperately needs ready cargo. Explore detailed information about the global Sesame Seed markets. Nigeria produces over 580,000 tonnes of Sesame Seeds every year. 5:- Crisis with money roll over as people bought for their forward sales as well and everyone would like to hold the cargo physically now, also the farmers dumped everything into the market yards as they got a good price for their produce and they need cash upfront. There are two variants of the seed in the country: the white and black sesame seed. This information is presented in figure 2 below. However ever since Diwali holidays got over the markets moved in the opposite direction , it was a natural correction which was inevitable looking at the one way movement of prices that happened for 3 weeks. I really hope for my sake and yours that people keep doing what they have been doing all these years because I'm yet to meet a person who craves for " Sesame Seed" . India will have a bumper Kharif Season. The Company specialized in Farming and Wholesale Fresh and dry splits Ginger, Bitter Kola nut, Sesame Seeds, Tags: Nigeria Agriculture Buyers Nigeria Bitter Kola Nuts Buyers Nigeria … No upfront payment. 3:- Anticipated domestic demand of India. minimum order 30MT. The numbers add up beautifully, IOPEPC as I have said before has been the closest to real crop predictions and the stock situation in India clearly indicates they were right this time too. Initially food products were the first thing that everyone stockpiled so goods moved faster off the shelves, will that continue to happen we will have to wait and see. 3:- Stockiest saw a good opportunity and soon the market reached a situation where you started fearing defaults from suppliers and buyers practically started a double hedge on their purchase. 28 Nov, 2020 We sell and export , , Sesame seeds, Yellow Corn, Icumsa 45 Sugar, Used cooking Oil at an affordable price. Also Available on new platform. It rose from 14.9% in February 2020 to 15.18% in June 2020, showing an increase of about 0.28% within only four months. 1:- A smaller crop.Panic from Supply side. Sesame seeds are one of the highly sought after cash crops in Nigeria. And export grim picture but facts are facts for its cultivation seed price in Nigeria that. The down days soil for 3 to 5 days 1,600 or $ 1,650 per metric tonne for cultivation! 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