Spices

Spice market update: chilli prices under pressure

March 15, 2024 at 8:27 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

The drastic price falls on the Indian cumin market are continuing. While the product was still a top seller last year, prices have decreased by almost 50% in the past six months and market players expect this trend to continue. Arrivals of the new crop will pick up noticeably by mid-April, which will put additional pressure on prices. Surprisingly, export sales are also not picking up despite the favourable prices. Grade A cumin costs USD 3,870/mt FOB India this week.

Coriander seeds

Coriander prices have risen slightly compare

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