Spices

Spice market update: market dynamics highly intriguing for red chilli

August 17, 2023 at 11:58 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 seeds

After last week’s rise prices have declined again a bit this week. With news resonating in the market that more than 50% of transactions from China are being terminated traders in India are confidently stocking cumin at the current high rates. India is also sporting the highest prices for cumin at the moment and there is little chance for a substantial downturn, despite export demand being minimal. Not only is trading subdued in Syria and Afghanistan, where prices range nearly 5-7% lower, but the local market is also stocking up for the domestic fe

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