Sesame News 14.01.25
Sesame remains stable with limited movement over the festive period and very limited raw material shipments. The market stays observant and poised to move should demand pick up. The Indian Rupee has depreciated and is expected to continue to depreciate against the USD, and so this puts further pressure on price to move upwards. Despite limited activity, the market is widely anticipated to begin to pick up in the coming weeks as a result of strong domestic demands at origins, and favourable tender conditions. It is worth noting that the current crop is down by approximately 33% compared to 2023.
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