Spices

Spice market update: monsoon causes delays

July 30, 2021 at 10:56 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

After a slight upward trend at the beginning of the week, cumin prices have since fallen again due to low demand. Traders do not expect significant price increases in the near future, as farmers as well as stockists and processors have sufficient goods in their warehousesThe buying interest from overseas is also declining, and there are also pandemic-related difficulties: Bangladesh saw a sharp increase in Covid-19 cases after the Eid holidays, prompting the government to decide on a 15-day lockdown. Further tightening of measures is also expected in Singapore

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