Market updates on a whole range of herbs and spices with up-to-date price trends
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.
Spices
Oct 29, 2021

Spice market update: prices for black pepper have risen rapidly

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
Oct 26, 2021

Saffron: production to slump by 35%

MASHHAD. Saffron production will slump by as much as 35% in Iran’s Khorasan Razavi province this year. Iran accounts for 92% of global production, of which 70% are grown in Khorasan Razavi. Harvesting high-quality saffron is a challenge.
Spices
Oct 21, 2021

Spice market update: rainfalls delay coriander deliveries

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
Oct 15, 2021

Spice market update: Diwali festival causes high domestic 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
Oct 12, 2021

Saffron: crop decline does not leave prices unaffected

TEHRAN. Saffron cultivation in Iran is expected to be significantly smaller this year. As a result, the first price adjustments have been observed in recent weeks.
Spices
Oct 12, 2021

Cumin: Iran's exports plummet

TEHRAN. Crop damage is causing a considerable shortage in the Iranian cumin market and the quality also leaves much to be desired. This was particularly noticeable in the first six months of this season, both in export figures and in export prices.
Spices
Oct 8, 2021

Spice market update: Indian pepper traders have an advantage

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
Oct 1, 2021

Spice market update: cardamom prices drop 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
Sep 27, 2021

Saffron: simple solutions to a big problem

TEHRAN. Saffron suppliers in Iran are losing more than 15% of added value in the export market at present. Issue is that saffron is sold in too large packages, which other countries repack and market much more successfully for consumers. Traders reckon that added value could even range two to three times higher if packaging is improved and illegal smuggling is stopped in its tracks.
Spices
Sep 24, 2021

Spice market update: low turmeric quality 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
Sep 16, 2021

Spice market update: farmers prompted to sow more 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
Sep 14, 2021

Cumin: 60% slump in production

TEHRAN. Recent estimates state that cumin production has slumped by 60% in Iran’s Razavi Khorasan Province due to severe drought and unusually cold weather coupled with an early spring. Rainfall ranges 63% lower than last year this season so far. Temperatures ranged 3.1-0.4C (37.58-32.72F) lower between October 2020 and April 2021 than in the same period in 2019/2020 according to official statistics.
Spices
Sep 13, 2021

Saffron: exports are next to impossible

TEHRAN. Saffron corms are grown in Iran’s South Khorasan Province from early August until late September. Harvesting takes place in in mid-October through to early December. Prospects are not exactly encouraging this year as farmers are not quite as enthusiastic. Exports have become next to impossible due to the impact of the coronavirus and tougher international standards.
Spices
Sep 9, 2021

Spice market update: the pressure is on for cardamom

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
Sep 3, 2021

Spice market update: chilli buyers pin their hopes on the new 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
Aug 30, 2021

Saffron: uncertain crop outlook causes prices to rise

TEHRAN. Good export demand and uncertain crop forecasts impact the Iranian saffron market. Prices have been rising steadily for about a month, which is also being felt by foreign buyers despite the favourable exchange rate.
Spices
Aug 27, 2021

Spice market update: cumin prices still on the rise

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
Aug 20, 2021

Spice market update: cumin is becoming more expensive

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
Aug 18, 2021

Saffron: high demand causes prices to rise

TEHRAN. Iran ships about 75-80% of its annual saffron crop to 60 different countries around the world. Nevertheless, countries like Spain and Afghanistan are often better known for their saffron, even though cultivation there is only a small part of global saffron production.
Spices
Aug 13, 2021

Spice market update: prices for coriander seeds rise 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
Aug 12, 2021

Cumin: first production estimates issued

TEHRAN. Demand normally declines while harvesting is underway. Things are, however, different for cumin this time round. Issue is a decrease in rainfall and severe drought, which have an impact no matter how resilient the crop may be. Local production estimates are being issued while harvesting is underway in different parts of Iran.
Spices
Aug 6, 2021

Spice market update: pepper prices follow downward 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
Jul 30, 2021

Spice market update: monsoon causes delays

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
Jul 29, 2021

Saffron: production is at risk

TEHRAN. Although saffron is the most valuable agri product Iran has, farmers lack incentive to grow the spice. Issue is that saffron prices have remained fixed in the domestic market in recent years, whereas the prices for most other goods have risen. Drought, low farmgate prices and very high production costs are even expected to put a stop to production in Iran.
Spices
Jul 21, 2021

Spice market update: price turnaround in India

GUJARAT. Weekly monitoring with the latest market update from India on cumin, coriander and turmeric, chilli, black pepper and cardamom along with a price list for more than 70 food products.
Spices
Jul 16, 2021

Spice market update: cardamom prices stabilise

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
Jul 16, 2021

Saffron: heading towards disaster

TEHRAN. Although exports are up and demand is certainly there, suppliers in Iran are anything but happy with the current developments in the saffron market. Not only have prices hit rock bottom but traders are angry with officials. In failing to consider international developments the market is now placed in a rather difficult position.
Spices
Jul 15, 2021

Cumin: simply impossible to compete with India

TEHRAN. Iran’s cumin exports slumped by 86% to as little as 198 mt in March-June as compared with last year. Traders state that it is simply impossible to compete with prices in India. This is, however, not the only reason why exports have slumped.
Spices
Jul 12, 2021

Pepper: global crop estimates 2021

HANOI. The Vietnamese exporters of PTEXIM have published their estimates of global pepper production for 2021 - and they look rather optimistic.
Spices
Jul 9, 2021

Spice market update: cardamom prices drop 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
Jul 2, 2021

Spice market update: mixed price trends dominate the market

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
Jul 2, 2021

Saffron: knockdown prices in Iran

TEHRAN. Although Iran’s saffron exports were only nominally down in terms of volume in May compared with last year, the export value has slumped by 52%. This sharp decline is driven by the depreciation of the Iranian rial against the US dollar. May certainly illustrates a large discrepancy. While saffron is traded as the world’s most expensive spice in the international retail market, suppliers in Iran are selling at give-away prices.
Spices
Jun 25, 2021

Spice market update: pandemic casts further shadows on the market

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.