Marktbericht No. 12-2020 market update Chinese pumpkin seeds-coronavirus

2019-02-13 | Coronavirus shows a negative impact on trade with Chinese pumpkin seeds. Price levels may rise further in the country of origin as well as on the relevant spot market.
Our Chinese shipper reports on more and more shortages in trading pumpkin seeds. Banks are closed and work in shipping ports has almost stopped. The Chinese government has extended the „Chinese New Year“ holiday and introduced a 14 days quarantine before staff can go back to work. In the provinces, people are only allowed to leave their homes for food shopping. Otherwise, they are asked to stay at home. In most provinces, factories are still closed.