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Spice market update: cardamom buyers stock up

November 26, 2021 at 9:06 AM , 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

Indian cumin prices have been subject to only slight fluctuations in recent days and are holding relatively steady overall, which is also true for NCDX futures. Market players expect demand to rise in the near future, pushing prices up. The fact that sowing in Rajasthan and Gujarat has been lower will also contribute. Cumin, grade A currently costs USD 2,170/mt FOB India, down USD 5/mt from last week.

Coriander seeds

Coriander prices are up USD 30/mt week-on-week and are at USD 1,160/mt FOB India for Coriander, Eagle, 5% split.

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