Market updates on a whole range of herbs and spices with up-to-date price trends
Spices
Jun 24, 2022

Spice market update: possible shortage of turmeric and pepper

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
Spices
Jun 20, 2022

Saffron: temporary trend

TEHRAN. While the prices for saffron have nearly doubled on last year, exports have slumped between January and May as last year’s summer drought is taking its toll on the market. The export prices for Iranian saffron have finally started to shift.
Spices
Jun 17, 2022

Spice market update: “Mandi Tax“ deters buyers

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
Spices
Jun 7, 2022

Cumin: exports at stake

FERDOWS. Although farmers report that the green cumin harvest is making good progress in Ferdows County in Iran’s South Khorasan Province, it is far from certain if sufficient supplies will be available for export.
Spices
Jun 7, 2022

Saffron: smuggling gains traction

TEHRAN. Illegal smuggling activities have hit Iran’s saffron market hard in recent months. Exports have, in fact, declined by 45% this year so far as compared with the same period last year. Sudden hikes in customs tariffs have given rise to this trend.
Spices
May 20, 2022

Spice market update: global coriander crops turn out mixed

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
Spices
May 17, 2022

Saffron: climate change far from only problem

TEHRAN. While Iran’s saffron exports slumped by 60% in April, average export prices nearly tripled. Now, the market has started to turn. Not, however, because buyers have had enough but rather because hopes are low that Iran’s nuclear deal will be revived - and yet, some progress has recently been made.
Spices
May 13, 2022

Spice market update: pepper crop might be lower than expected

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
Spices
May 11, 2022

Cumin: tables about to turn

TEHRAN. Iran’s cumin exports continued to slump in March. Harvesting is underway but farmers face enormous challenges. Prices have finally started to turn.
Spices
May 10, 2022

Saffron: suppliers face backlash

TEHRAN. Traders are warning that nothing less than Iran’s position as leading saffron supplier is at stake. Trouble is that the county gained this position with cheap prices and suppliers are now facing a backlash as it is impossible for them to demand more sustainable prices.
Spices
May 6, 2022

Spice market update: dilemma for cumin traders

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
Spices
Apr 29, 2022

Spice market update: sharp rise in coriander seed prices

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
Spices
Apr 22, 2022

Saffron: export volume versus value

TEHRAN. Iran’s saffron exports slumped by 44% in terms of volume between January and March as compared with the same period last year. Curiously, however, the export value has risen. Ramadan has also impacted prices.
Spices
Apr 22, 2022

Spice market update: wedding season boosts demand

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
Spices
Apr 21, 2022

Cumin: sharp decline in exports

TEHRAN. Iran’s green cumin exports ranged a stunning 70% lower than in February last year as producers are struggling to come to terms with climate stress. Adverse weather conditions in spring coupled with pre-harvest drought in summer reduced production and capped supplies. Attention has, however, shifted towards the new crop.
Spices
Apr 20, 2022

Saffron: slump spells death sentence

TEHRAN. Iran’s saffron market largely depends on exports, 80% of the crop are, in fact, shipped overseas whereas only 20% are consumed locally. Yet, exporters face enormous challenges, especially this season as prices have skyrocketed due to drought-related setbacks in production. This is, however, by far not the only problem.
Spices
Apr 14, 2022

Spice market update: chilli prices continue upward trend

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
Spices
Apr 8, 2022

Spice market update: price increases on all markets

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
Spices
Apr 1, 2022

Spice market update: cumin quality improves

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
Spices
Mar 25, 2022

Spice market update: difficult times for cardamom farmers

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
Spices
Mar 18, 2022

Spice market update: good prospects for the turmeric crop

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
Spices
Mar 17, 2022

Saffron: export prices surge by 115%

TEHRAN. Although Iran’s saffron exports slumped by more than 30% in February as opposed to last year, revenues are more than 40% up. This is because the reduction in production has driven up average export prices. Domestic prices also range higher this season.
Spices
Mar 11, 2022

Spice market update: pepper prices skyrocket

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
Spices
Mar 8, 2022

Cumin: Iran’s answer to climate change

ZAHEDAN. Limited water resources have given rise to attempts to change cultivation patterns in Iran’s Sistan va Baluchestan province. Farmers need to switch to agricultural products that require little water and have high added value such as cumin. They have in fact stepped up sowing in Taftan county, where climatic conditions are ideal for growing green cumin in theory at least.
Spices
Mar 4, 2022

Spice market update: quality of the new crops is not convincing

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
Spices
Mar 3, 2022

Saffron: China is not the only problem

TEHRAN. Exporters in Iran now need a registration code to ship saffron to China. Although shipments to the United Sates require a similar code, only few suppliers in Iran have a code that is valid for China. These restrictions will certainly impact trading with China, Iran’s main customer for saffron. Traders, however, state that they are struggling with more serious barriers.
Spices
Feb 25, 2022

Spice market update: cumin prices increase significantly

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
Spices
Feb 21, 2022

Saffron: far from competitive

TEHRAN. With saffron prices surging since October concerns are being voiced that Iran may lose its position as leading producer. The farmers simply cannot go down in price. Export demand has certainly faltered in recent months, especially in January.
Spices
Feb 18, 2022

Spice market update: chilli crop could be 40% lower

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
Spices
Feb 11, 2022

Spice market update: cardamom production increases

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
Spices
Feb 4, 2022

Spice market update: price reductions in almost all markets

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
Spices
Feb 3, 2022

Saffron: estimates show extent of damage

MASHAD. Iran's saffron production centers in the Khorasan Razavi Province. According to the Agricultural Organisation of Iran, the plant is cultivated on a total area of 121,000 ha, of which 90,900 ha are located here and the province is also home to around 76% of the farms that grow saffron. Low rainfall and drought have had a disastrous impact on production this year.
Spices
Jan 28, 2022

Spice market update: stricter quality parameters for cumin

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
Spices
Jan 21, 2022

Spice market update: pests cause chilli crop losses

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
Spices
Jan 19, 2022

Saffron: sharp decline in export value

TEHRAN. Iran’s export figures for 2021 show that demand for saffron is relatively firm but that prices have basically collapsed. Exports have also shifted in terms of packaging. Traders, in addition, report that prices have reached a turning point.
Spices
Jan 14, 2022

Spice market update: new turmeric crop is of poor quality

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
Spices
Jan 10, 2022

Cumin: demand shifts towards India

TEHRAN. Traders in Iran report that monthly cumin exports have slumped by more than 90% in November 2021 as opposed to the same period in 2020. Issue is that prices in other producing countries such as India are far more attractive than in Iran. This has prompted a sharp shift in demand.
Spices
Dec 21, 2021

Saffron: toxic combination

TEHRAN. Drought and climate stress have hit this year’s saffron production in Iran. Prices have surged in recent weeks. As recent export figures show, saffron is mainly exported in bulk, which generates less turnover for suppliers. The current market situation is toxic for local suppliers and overseas buyers alike.
Spices
Dec 17, 2021

Spice market update: turmeric farmers fear damage from rainfall

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
Spices
Dec 10, 2021

Spice market update: minimum import price for pepper lifted

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
Spices
Dec 3, 2021

Spice market update: chilli farmers fear crop damage

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
Spices
Nov 26, 2021

Spice market update: cardamom buyers stock up

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
Spices
Nov 24, 2021

Saffron: prices up by 20%

TEHRAN. The Iranian saffron harvest is expected to be completed in four weeks. Unfavourable weather conditions are said to have caused a decline in production this year. This is also reflected in the current price trend.
Spices
Nov 19, 2021

Spice market update: price increases in all markets

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
Spices
Nov 12, 2021

Spice market update: coriander sowing is progressing slowly

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
Spices
Nov 10, 2021

Saffron: 90% surge in prices

TEHRAN. Although Iran’s saffron exports have only declined by 2% between March and September as opposed to the same period last year, the export value has slumped by as much as 39%. The harvest season has started but prospects are far from encouraging with prices surging by as much as 90%.
Spices
Nov 9, 2021

Cumin: situation is far from normal

MASHHAD. Iran’s Khorasan Razavi Province comprises as much as 37% of the country’s cultivation area for cumin and is the leading producer for the spice. Although the area under cultivation increased by 14.5% this year, drought will certainly reduce production. Harvesting starts in mid-December.
Spices
Nov 4, 2021

Spice market update: turmeric production at risk

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.