Spices

Spice market update: higher demand for chilli

March 3, 2023 at 8:28 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

After the continuous declines of the last few weeks, prices on the Indian cumin market have finally recorded a slight increase. However, most traders expect this phenomenon to be short-lived as there is little to suggest further price increases. Arrivals of the new crop are high and they are meeting low domestic and export demand. "A decline in prices is the only way to boost trade," says an Indian trader. Add to that the fact that the new crop, the major part of which will be harvested this month, will be bigger than originally thought, putting further pressu

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