Spices

Spice market update: chilli prices continue upward trend

April 14, 2022 3:35 PM, 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

Although large quantities of cumin continue to reach the markets, demand is so good that prices continue to increase. One reason for this is that the available goods are less than last year; farmers had started sowing late because they had been waiting for better weather conditions. In addition, the area under cultivation this year is about 34% smaller than in 2021. However, market players expect that the upper price limit will soon be reached and that prices could then stagnate or even fall slightly again. Cumin, grade A currently costs USD 2,920/mt FOB India

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.