Spices

Spice market update: monsoon weaker than expected

July 1, 2022 at 9:12 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 few difficult weeks, cumin prices have now recovered slightly. Local traders are hopeful that the price increase will continue in the coming weeks, as arrivals are relatively low. At present, goods from the old crop still account for about 30-35%. Stocks of most major traders are now almost depleted, but they are still reluctant to stock up because of the high prices. Domestic demand is expected to pick up due to various celebrations, but Afghanistan could prove to be a dangerous competitor on the world market when it comes to exports. Indian cumin, gr

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