Organic Commodities

Cumin: organic production triples

July 1, 2020 12:08 PM, Der AUDITOR
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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.

Production triples in Taybad

The harvest season has started for green cumin, which is mainly produced in the Khorasan Razavi Province. As much as 2,000 hectares have been allocated to the cultivation of green cumin in Taybad alone. Production here is set to triple to more than 800 metric tonnes. Since no chemical fertilisers or pesticides are used, the cumin produced here is entirely organic. Cumin production is highly popular in the area since cultivation requires comparatively little water. Problem is that water resources are low and underground reserves have declined. Cumin production has also risen by 15% to around 2,500 metric tonnes in Sabzevar. This year’s rains prompted farmers to sow on an area of 2,100 hectares.

Prices decline further

The harvest season has prompted a further decline in prices by EUR 1.65-1.93 per kg since last month. Weak demand in the domestic and in the export market, coupled with the devaluation of the Iranian rial have also added pressure to the market.

Black cumin, dried, Iran

Quality

EUR/kg*

Premium Grade

13.13

Grade A

10.38

Grade B

7.94

FOB Iran


*Please note that these reference prices apply to an order volume of 1 metric tonne. Suppliers may offer lower prices for higher volumes.

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price chart, cumin, dried, premium grade, Iran
price chart, cumin, dried, grade A, Iran
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