|
process - Autodried and Sundried. Developed countries prefer auto while
developing nations buy sundried which is more reasonable.
Sesame Seed Exports
India's main export is of mainly below type:
Natural White Sesame Seed: 99/1/99.90%., 99/1/1, 98/2/2, 95/5/2
Hulled Sesame Seed: AutoHulled and Sundriedhulled - 99.5%-99.95%.
China, Taiwan, Korea, U.S., Europe, Middle East
and Australia are the major destinations for Indian sesame seeds.
Russia is a big buyer of Sundried hulled variety. In the year 2007-08,
India exported sesame of value more than ninty million dollars to various
countries with China being the biggest buyer.
The prices of sesame seeds are highly volatile
and can swing to great extent in a day. The information regarding its
crop size in different parts of the world is not easily available and
thats why the crop estimates keep on changing. This information gap gives
opportunities to big stockists to dictate the sesame movement to their
advantage. Also there is no futures platform for sesame seed in India,
so exporters and traders cannot hedge their price risk and are prone to
the sudden fluctuations.
Ethiopian Sesame Seed Scenario
In Ethiopia, sesame seed grows mainly in the northern and northwestern
region. The sowing is done during June to mid-september and harvesting
from October onwards. During 2005-06, the country exported around 2,40,000
tons contributing 95% of oilseeds exports in value. For season 09-10,
its export target stands at 7,20,000 tons. The country is one of the major
sesame exporting nation currently ranked at the
fourth position in world markets. Unlike India and China, who besides
being major producers are big consumers too, Ethiopia exports most of
its production.
Types of Sesame Seed in Ethiopia: Humera
Sesame seed is the main type exported by the country. It also produces
Gonder and Wellega types which are further divided into grades. Ehtiopian
commodity exchange has started trading in sesame seeds since May 2009.
The exchange provides platform to deal in Humera sesame seed grade
1 and 2, Gonder SS grade 1 and 2 and Wellega SS grade 1,2 and 3.
|