Spice market update: prices for black pepper have risen rapidly

October 29, 2021 at 8:46 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

Cumin prices have increased compared to last week. According to Indian traders, this is due to increased demand; domestically, many market players are preparing for the Diwali festival, but buying interest from overseas is also high. Mandis report brisk trading activity, so prices are rising despite high supplies. Grade A cumin currently costs USD 2,089/mt FOB India.

Coriander seeds

Demand for coriander seeds was very high at the beginning of the week, leading to price increases. In the meantime, buying interest has flattened o

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