Spices

Spice market update: chilli buyers pin their hopes on the new crop

September 3, 2021 8:58 AM, Der AUDITOR
Play report as audio

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

Farmers in the main growing areas of Gujarat and Rajasthan say the low monsoon rains could have a negative impact on the upcoming cumin crop. So far, there has been almost 60% less rainfall than usual. Market players report relatively low domestic and export demand, but due to speculative buying, prices are holding steady for now and are unchanged at USD 2,193/mt FOB India for grade A cumin. There was little movement in Indian markets this week due to the Jamashtami festival.

Coriander seeds

Indian market players report price d

View related articles

Go to the News Overview
Spices
May 20, 2022
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.
Spices
May 17, 2022
TEHRAN. While Iran’s saffron exports slumped by 60% in April, average export prices nearly tripled. Now, the market has started to turn. Not, however, because buyers have had enough but rather because hopes are low that Iran’s nuclear deal will be revived - and yet, some progress has recently been made.
Spices
May 13, 2022
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.
Spices
May 11, 2022
TEHRAN. Iran’s cumin exports continued to slump in March. Harvesting is underway but farmers face enormous challenges. Prices have finally started to turn.