Spices

Spice market update: mixed price trends dominate the market

July 2, 2021 8:55 AM, Der AUDITOR
Play report as audio

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

Farmers are currently busy sowing cumin, which is why arrivals at the markets continue to decline. Analysts expect that both export and domestic demand should increase soon; while increased buying interest from hotels and restaurants is expected domestically, exporters expect shipments to the US and Europe in particular to increase. Some market players even expect exports to rise by 15-20% compared to last year. Prices for grade A cumin have seen a minimal increase and are currently at USD 1,940/mt FOB India.

Coriander seeds

Co

View related articles
Go to the News Overview
Spices

Spice market update: price turnaround in India

GUJARAT. Weekly monitoring with the latest market update from India on cumin, coriander and turmeric, chilli, black pepper and cardamom along with a price list for more than 70 food products.
7/21/21, Der AUDITOR
Spices

Spice market update: cardamom prices stabilise

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
7/16/21, Der AUDITOR
Spices

Saffron: heading towards disaster

TEHRAN. Although exports are up and demand is certainly there, suppliers in Iran are anything but happy with the current developments in the saffron market. Not only have prices hit rock bottom but traders are angry with officials. In failing to consider international developments the market is now placed in a rather difficult position.
7/16/21, Der AUDITOR
Spices

Cumin: simply impossible to compete with India

TEHRAN. Iran’s cumin exports slumped by 86% to as little as 198 mt in March-June as compared with last year. Traders state that it is simply impossible to compete with prices in India. This is, however, not the only reason why exports have slumped.
7/15/21, Der AUDITOR