Spices

Spice market update: cardamom prices increase rapidly

February 24, 2023 at 9:11 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

There seems to be no end to the price drops on the Indian cumin market at the moment: Once again, prices are USD 130/mt below those of last week. This is partly due to the fact that crop estimates have been revised. After a considerable decline in production was initially expected, there is now talk that the crop could even be 25% higher than last year. This is pushing prices down just as much as weak domestic and overseas demand. Traders had expected higher buying interest, especially since other producing countries have only small supplies left. Poppy seed g

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