Spices

Spice market update: “Mandi Tax“ deters buyers

June 17, 2022 at 9:17 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.

Coriander seeds

The downward trend on the coriander market continues this week. Market players speak of steady arrivals at the markets, but there could soon be significant declines. The government of the Indian state of Rajasthan has introduced the so-called "Mandi Tax", a tax that traders from other states have to pay when they buy goods in Rajasthan. The entire coriander market is therefore in turmoil. Currently, demand is weak and buyers are holding back, mainly because of the high moisture content of the goods. After the end of the rainy season, experts expect b

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