Spices

Spice market update: cardamom traders suffer from lack of cash

February 20, 2020 4:30 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

Due to weak demand, prices have declined further. The new crop is increasingly arriving on the markets and market players expect the supply to peak after 15 March and export deliveries for the end of March to take place during this period as well. As a very large crop is imminent, the trade does not anticipate strong price increases, even if demand picks up in March. A problem for buyers could be the high moisture content of the new crop. Grade A cumin is currently trading at USD 1,925 per metric tonne.

Coriander seeds

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