Spices

Spice market update: lively coriander market

March 7, 2024 at 2:19 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

Prices in the cumin market have continued to fall but now appear to be reaching some stability. Cumin, grade A is currently priced at USD 4,000/mt FOB India and market experts believe that demand from overeas is likely to pick up once prices fall below USD 3,900/mt. Arrivals at the markets are expected to increase significantly over the next two weeks, unless farmers decide to hold back their goods to artificially push up prices. Demand from Chinese importers is supporting the market and due to favourable prices, Indian exporters expect shipments to China to i

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