Spices

Spice market news: good prospects for global cumin production

May 24, 2024 at 2:17 PM , Der AUDITOR
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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.

Cumin

As in the previous week, Indian cumin prices have increased again, but local market players are still reporting a rather tense situation. The large stockists want to stock up on bigger quantities in the hope of further price increases, while farmers are not willing to sell at the currently still quite cheap prices. In addition, there is the prospect of a large global crop; for example, the sowing volume in Afghanistan is said to have doubled this year. However, heavy rainfall is also said to have caused crop damage here, the extent of which is not yet known. T

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