Prices continue to decline in India's cumin market. A grade cumin with a 99% purity is trading a further USD 40/mt lower than last week at USD 2,081/mt FOB India. Above average rainfall is expetcted to prompt farmers to step up sowing for the next crop. Trading is, however, rather subdued. While overseas buyers are not showing much interest, rain has prevented farmers and traders from travelling to the local mandis.
Rain slowed down market activities at the start of the week and rendered prices more attractive, which