Market updates on a whole range of herbs and spices with up-to-date price trends
Spices
Jul 24, 2020

Spice market update: cardamom production doubles

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, 2020

Spice market update: many local markets closed

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 13, 2020

Saffron: exporters lose out big time

TEHRAN. Average export prices for saffron have slumped over the last nine years. While average export prices for Bunch saffron ranged at USD 4,000-5,000 per kg in 2009-2011, they have now depleted to as little as USD 400-500 per kg. Average retail prices have, by contrast retained the high level of USD 5,000-7,000 per kg. Traders in Iran concede that exporters are losing out heavily.
Spices
Jul 9, 2020

Spice market update: heavy rainfall affects trade

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 1, 2020

Cumin: organic production triples

TEHRAN. Production prospects are highly encouraging in Iran this season with the harvest season still in full swing and the gearing up of cultivation of organic cumin. Market prospects are, however, anything but encouraging. Problem are current market developments, which are proving to be a great challenge.
Spices
Jun 30, 2020

Saffron: Covid-19 jeopardises monopoly

TEHRAN. The saffron market in Iran is still suffering from the impact of the coronavirus crisis. Market players reckon that the situation is so bad that Iran’s position as the world’s leading producer is at stake, along with its monopoly in the export market.
Spices
Jun 18, 2020

Spice market update: price collapse on the cardamom 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
Jun 16, 2020

Saffron: market plunges into recession

TEHRAN. Restrictions on air travel, market closures and sluggish demand – the coronavirus has plunged the saffron market in Iran into a deep recession. The market mainly depends on exports, which have, however, hit shockingly low figures.
Spices
Jun 10, 2020

Spice market update: turmeric market recovers

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 5, 2020

Spice market update: downward trend on the chilli 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
Jun 3, 2020

Cumin: harvest is in full swing

TEHRAN. Although the impact of the floods and hailstorms recorded in the Khorasan Razavi province in April are limited, the cumin market in Iran is struggling with the coronavirus crisis and economic problems.
Spices
Jun 2, 2020

Saffron: demand fails to revive

TEHRAN. The coronavirus crisis has prompted a slump in the saffron market. Problem is that overseas demand has failed to revive in Europe, Asia and in the Middle East and in the Persian Gulf. Market players in Iran reckon that the situation will get worse.
Spices
May 28, 2020

Spice market update: cardamom auctions started again

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 20, 2020

Spice market update: weak demand hits 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
May 19, 2020

Saffron: illegal trafficking spells disaster

TEHRAN. Traders in Iran are outraged at the government’s inactivity in dealing with smugglers. They call for urgent action. Recent rains have, in addition, delayed the cultivation of the new crop.
Spices
May 14, 2020

Spice market update: cumin is of high 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
May 7, 2020

Spice market update: new tax on coriander seeds

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 6, 2020

Cumin: extensive crop damages

TEHRAN. Last week’s floods and hailstorms have damaged up to 40%-60% of acreage in some areas in Iran’s main producing region, the Khorasan Razavi province. Cumin production was initially expected to rise this year.
Spices
May 4, 2020

Saffron: coronavirus gives rise to illegal trading activities

TEHRAN. Traders report that smuggling is on the rise in the saffron market. Problem is that farmers are left with few alternatives but to turn to smugglers as economic growth has slowed. Traditional export destinations, such as Europe, have also been cut off.
Spices
Apr 29, 2020

Spice market update: pepper harvest comes to standstill

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 23, 2020

Spice market update: turmeric market on the road to recovery

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander, turmeric, chilli and black pepper as well as a price list for more than 70 products.
Spices
Apr 20, 2020

Saffron: drastic decline in shipments to EU

TEHRAN. Although saffron production exceeded 450 metric tonnes in Iran last year, the US sanctions and the economic crisis prompted by the coronavirus have hit exports hard. Shipments to the EU have declined for the third year in a row.
Spices
Apr 16, 2020

Spice market update: trade in India resumed

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander, turmeric, chilli and black pepper as well as a price list for more than 70 products.
Spices
Apr 9, 2020

Spice market update: Indian markets remain closed

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander, turmeric and chilli, as well as a price list for more than 70 products.
Spices
Apr 8, 2020

Cumin: export demand fails to revive

TEHRAN. Low prices and high costs have put farmers off from cultivating cumin only a few years back. The lack of a clear export market is an additional problem. With the spread of the coronavirus export demand is largely subdued.
Spices
Apr 7, 2020

Saffron: slump in exports shocks producers

TEHRAN. The prices for saffron have declined by around 10% since the outbreak of the coronavirus in Iran. Problem is that saffron is a luxury product that is mainly exported. For the producers the current market situation could hardly be worse.
Spices
Mar 26, 2020

Spice market update: trade in India comes to standstill

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric as well as a price list for more than 70 products.
Spices
Mar 23, 2020

Saffron: exports slump by 80%

TEHRAN. As Iran celebrated Nowruz, the Persian New Year, over the weekend with reports voicing concerns that too many Iranians ignored request to stay at home, the Saffron Exporters Union announced that travel restrictions have prompted an 80% decline in saffron exports. Meanwhile, Covid-19 is spreading in the country with concerns being voiced that the death rate may climb to 3.5 million people if the country fails to act appropriately.
Spices
Mar 12, 2020

Spice market update: exports stagnate due to coronavirus

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 10, 2020

Cumin: coronavirus disrupts export activities

KERMAN. As the coronavirus death toll rises and neighbouring states have closed their borders with Iran trading and exporting has been largely disrupted in the cumin market. The spread of the coronavirus is, however, not the only problem the market is confronted with.
Spices
Mar 9, 2020

Saffron: exports suspended amid fears of coronavirus

TEHRAN. As flights to and from Iran have been suspended, borders are closed, and travel restrictions are in place the situation is worsening in the saffron market, which is feeling the full impact of the coronavirus. Traders report that…
Spices
Mar 5, 2020

Spice market update: acreage for coriander almost doubled

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 28, 2020

Spice market update: high prices deter 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
Feb 24, 2020

Saffron: coronavirus restricts shipments

TEHRAN. The spread of the coronavirus continues to heavily impact shipments of saffron to China, Vietnam and Hong Kong. Market players in Iran are becoming increasingly concerned over the developments in the export market and in the domestic market.
Spices
Feb 20, 2020

Spice market update: cardamom traders suffer from lack of cash

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 13, 2020

Spice market update: cumin prices reach four-year low

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 12, 2020

Cumin: surprisingly volatile prices

KERMAN/NEW DELHI. The cumin market has been very volatile in Iran over the last few months. While the black cumin produced in Iran, mainly in Kerman and Sabzevar, is distinguished by its high quality, India offers more competitive prices. Both markets are now, however, confronted with the coronavirus.
Spices
Feb 10, 2020

Saffron: illegal trading activities weigh on market

TEHRAN. Although production costs have risen sharply, the current prices for saffron are too low for the farmers. Market players are certain that if these prices persist production will decline. One problem are illegal trading activities.
Spices
Feb 6, 2020

Spice market update: smuggled pepper weakens Indian 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
Jan 30, 2020

Spice market update: concern about cardamom 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
Jan 27, 2020

Saffron: price dumping in Iran

TEHRAN. Saffron production has risen notably in Iran over the last few years. Market players are, however, very much concerned over the developments in price. Speculators have largely shaped the market this season.
Spices
Jan 23, 2020

Spice market update: waiting for 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
Jan 16, 2020

Spice market update: turmeric 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 13, 2020

Cumin: notable shift in prices

KHOOSHAB. More than 7,000 metric tonnes of cumin are harvested in Khorasan Razavi every year. Khooshab city is one of the hubs of production. The market is, however, subject to the escalating conflict with the US.
Spices
Jan 13, 2020

Saffron: exports decline by 13%

TEHRAN. Iran exported as little as 115 metric tonnes of saffron between 21 March and 21 November 2019. This is down 13% since 2018. Traders state that export barriers and problems urgently need to be resolved.
Spices
Jan 9, 2020

Spice market update: political tensions cause uncertainty

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 3, 2020

Spice market update: considerable hike in prices

GUJARAT. Weekly monitoring with current market information from India on cumin, coriander, turmeric, pepper, chilli peppers and cardamom as well as a price list with over 70 prices for products and raw materials
Spices
Jan 2, 2020

Saffron: industry urged to confront problems

TEHRAN. Although Iran is the leading producer of saffron, the country only accounts for 11.5% of global exports. Problems are inadequate packaging, bulk sales and a lack of brands as well as the lack of attention the government pays to the agricultural sector. Traders state that exports will decline further, unless the situation improves.