Spices

Spice market update: sharp rise in coriander seed prices

April 29, 2022 8:13 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

Indian cumin prices are still on an upward trend. According to market players, some large stockists are spreading the news that low-quality goods will soon arrive on the markets, which drives prices up. Meanwhile, there are conflicting reports from Gujarat; the goods currently arriving here are said to be of good quality. In Rajasthan, the new crop is expected to arrive in about a month. Export demand for high quality cumin is high and traders are currently making good profits. Grade A cumin is trading at USD 2,950/mt FOB India this week.

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