Spices

Spice market update: price reductions in almost all markets

February 4, 2022 8:26 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

After several weeks of an upward trend in the cumin market, lower demand is now causing prices to decline. Buyers are waiting for the arrival of the new crop, which will hit the markets in late February or early March. They were also deterred by the high prices. Market players are currently reckoning that the more favourable level will continue for the time being or possibly be corrected downwards even further. Prices for the new crop are likely to be supported by the prospect of a 20-30% smaller crop volume. Currently, cumin, grade A costs USD 2,265/mt FOB In

View related articles

Go to the News Overview
Spices
Sep 30, 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
Sep 28, 2022
TEHRAN. Although Iran’s saffron exports slumped between January and August, suppliers are not necessarily sad about this.
Spices
Sep 28, 2022
SABZEVAR. Production stands and falls with the rain for green cumin. Judging by the amounts harvested this year conditions were not quite ideal in Sabzevar County in Iran’s Razavi Khorasan Province. Exports also took an unbelievable turn in August.
Spices
Sep 23, 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.