Spices

Spice market update: pandemic has markets firmly in its grip

April 30, 2021 10:00 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

Domestic demand in India is on hold due to the dramatic coronavirus situation and the resulting measures, but market players expect buying interest to increase as soon as the situation returns to some degree of normality. Export demand has also slowed down, but remains at a satisfactory level because there is interest in organic cumin, especially in Europe and America. Farmers are currently bringing very few goods to the mandis and prefer to keep them in storage for the time being in the hope that prices will rise soon. Grade A cumin costs USD 2.088/mt FOB Ind

View related articles

Go to the News Overview
Spices
Aug 4, 2022
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.
Spices
Aug 1, 2022
TEHRAN. Iran’s cumin market is bustling with activity as the new crop has arrived. Agricultural organisations have issued production estimates for Mashhad in the Khorasan Razavi province and for the South Khorasan Razavi province.
Spices
Aug 1, 2022
TEHRAN. Iran officially only exported 87,476 kg of saffron worth USD 87 million between January and June. High prices are, however, not the only problem.
Spices
Jul 29, 2022
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.