Spices

Spice market update: coriander prices collapse

December 16, 2022 at 8:13 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

High demand on local spot markets has caused prices for Indian cumin to skyrocket in recent weeks. Exporters in particular are doing well to meet all the requests from overseas - in the last few days alone, according to Indian traders, "huge shipments" have been delivered to Kuwait, Saudi Arabia and other Gulf states, partly because freight costs have dropped noticeably. Global stocks are also lower than last year and the acreage in India is also expected to decline, so traders want to stock up in time before a possible shortage sets in. Meanwhile, the big dem

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