Spices

Spice market update: markets remained closed due to Maha Shivaratri festival

March 12, 2021 at 8:35 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

At a recently organised summit in Udaipur, market players' assumptions that sowings for the coming crop will be lower than last year were confirmed. In Gujarat, 15-20% less cumin is reported to have been sown, while in Rajasthan the decline is estimated at 10-15%. Since the end of the lockdown in India, domestic demand has picked up, especially from restaurants and hotels. Traders also expect good export demand in 2021, but look with concern at the prevailing container shortage and the associated freight costs, which in some cases are up to four times higher t

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