Spices

Spice market update: monsoon rains damage chilli crop

June 2, 2023 at 11:20 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

Compared to last week, cumin prices on the Indian market are showing a slight upswing. However, traders show little confidence that there will be further significant price increases, even though shipments are down. 75% of this year's crop are said to be already in circulation and demand is rather sluggish. Even China, on which Indian exporters had placed great hopes, is buying only what is necessary and is therefore unable to stabilise prices further. In addition, Turkey and Syria are major competitors on the international market. Indian cumin, grade A is trad

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