The price of sesame dropped to USD 500 from 1,200 per ton in one month. Following the turn of events, exporters have been hesitant to supply, preferring to wait for the price to improve.
However, for industry players like Philippos Philippas, president of the UK-based Huyton Inc. Group, exporters are trending unhealthy. If they persist to do so, he told The Reporter that they will face loss in waiting and speculating for the price to rise up.
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