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Spice market update: cumin prices receive no support

January 17, 2025 at 8:34 AM , Der AUDITOR
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GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and chilli, black pepper and cardamom as well as a price list for more than 70 products.

Cumin

The stability of cumin prices on the Indian market was short-lived and there have been further declines compared to last week. The main contributing factor is the prospect of a large new crop, which is causing traders and buyers to adopt a wait-and-see attitude, resulting in few deals being finalised. Market players are therefore expecting further price reductions. Although demand from the Gulf states has risen in the run-up to Ramadan, it has not been as high as hoped and Indian exporters, who have stocked up on large quantities, are now sitting on some of th

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