Spices

Spice market update: cumin prices reach four-year low

February 13, 2020 4:38 PM, 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 seeds

Low export demand and the expectation of a high-quality new crop are causing prices to decline steadily, and concerns about the coronavirus are contributing to this trend. Prices for grade A cumin currently range at USD 1,975 per metric tonne, that is a four-year low on the Indian online commodity exchange NCDEX. Traders expect China to buy about 50,000 metric tonnes of cumin due to rising consumption, but the current situation is causing uncertainty.

Coriander seeds

Market players are already reportin

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