Spices

Spice market update: cumin prices are plummeting

February 3, 2023 at 9:09 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

The price declines on the Indian cumin market continue and are causing increasing concern among traders. Some market players had tried to push prices up by spreading false rumours about crop damage, which had led to temporary stability, but this was short-lived due to weak demand. As neither foreign nor Indian buyers show much interest in buying, there is hardly any trade and prices continue to fall steadily. Meanwhile, the weather authority in India announced that weather conditions in the growing areas are favourable. Many traders have therefore decided to w

View related articles

Go to the News Overview
Spices
Dec 1, 2023
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
Dec 1, 2023
SHANDONG. While rain reduced last year’s ginger crop in China and drove up prices, the size and quality of this year’s production appears to be much better. Welcome as this news is buyers are, however, urged to caution. In an interview with Mundus Agri Maggie Peng from China-based Onedayone Group highlights what buyers should pay attention to this year.
Spices
Nov 28, 2023
BRUSSELS/NEW DELHI. China’s new ginger crop is ready to be shipped and should prove a game changer in 2024. This year’s high prices have impacted buying in Europe.
Spices
Nov 24, 2023
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.