Spices

Spice market update: black pepper harvest may be delayed

November 2, 2023 at 4:12 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

Cumin prices have continued their downturn this week. Large stockists and traders are only buying limited volumes. Highly volatile markets have prompted small traders to be cautious as some have already incurred hugh losses. Competitors in other producing countries such as China and Turkey are, in addition, issuing more attractive offers ranging at USD 5,600-5,900/mt, whereas prices in India range at USD 6,630/mt FOB India for A grade cumin. Diwali may boost the market, but only for a short time. Expectation is also that sowing will increase in the main produc

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