Abnormality has become a normal thing in the Sesame Seeds market these days. This crop year, i.e. October 2008 to September 2009, is again appearing to be an unusual one. In November – December 2008, most of us were expecting a substantial correction in prices due to a fairly good crop especially in the continent of Africa.
The sesame market once again has surprised many. In our last report, we had expected a correction of 4-5 % but the market went down by around 3 ½ % and it has again gone up by 4-5 %. The export demand is moderate but steady at this price level but since there is scarcity of raw material especially for hulling, the prices are stable at increased level.