Spices

Spice market update: cardamom becomes a cash cow

March 31, 2023 at 8:09 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

Since mid-January, Indian cumin prices have been following their upward trend, but there has never been such a high price jump as this week: Prices have climbed by a whopping USD 390/mt since last week. Actually, with such high prices, buyers only want to stock up on the bare necessities, but the drop in arrivals makes them doubt this tactic. In addition, cloudy weather and high humidity in the state of Rajasthan will affect the new crop not only in yield but also in colour. Therefore, only mediocre quality is expected, which does not exactly put farmers in a

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