Sesame 3 years high high 20% from Africa, poor
29 May 2019
The price of raw material sesame used for food and fat is rising. Japan imports almost all of it, but in addition to concerns about poor production in Africa, which is its mainstay, etc., India is increasing purchases and the global supply and demand are tight. Tokyo's bulk trading prices are the highest in Africa for the first time in three years. Sesame oil majors have raised prices but are considering re-raising.
Sesame production in the world is high in Africa, Latin America, India, etc. Japan is China .