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Spice market update: rain decisive for yields

October 16, 2020 at 9:06 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

Prices on the cumin market are currently stable as expectations of an increase in exports and domestic demand due to various holidays support both spot prices and futures. After an initial rise in prices, there has been good demand from stockists. This was particularly noticeable in the important mandis. Overall, producers and traders are satisfied with the current situation. As in the previous week, prices for grade A cumin are at USD 1,910/mt FOB India.

Coriander seeds

Coriander prices have recovered and are traded in a firm

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