Spices

Spice market update: export delays due to container shortage

November 6, 2020 at 9:23 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 cumin market is experiencing an upward trend this week, mainly due to good export demand from the United Arab Emirates, Vietnam and Europe. As soon as the new crop arrives, this should also have an impact on prices. As market players report lower acreage for the 2020/2021 season, prices are expected to reach a high level. It is reported that many farmers are switching to other products that offer higher margins. Grade A Cumin is currently trading at USD 2,020/mt FOB India, which is USD 80/mt more than last week.

Coriander seeds

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