Spices

Spice market update: chilli exports support domestic market

June 7, 2024 at 8:13 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

Once again, Indian cumin prices have managed to climb compared to last week. However, some circumstances suggest that there are limits to the price increases. Firstly, Chinese market players are expecting a large crop, which could possibly be twice as large as last year. Of course, this is causing international buyers in particular to wait and see, because if this forecast materialises, cumin prices on the global market are likely to fall sharply. Meanwhile, Indian farmers have increasingly released their produce for sale in order to profit from the high price

View related articles

Go to the News Overview
Spices
Jun 14, 2024
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 30, 2024
GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and chilli, black pepper and cardamom as well as a price list for more than 70 products.
Spices
May 29, 2024
LIMA. Peru's ginger exports surged to record highs in 2023 and the potential is very good for 2024. Crop losses are, however, driving up prices.