Spices

Spice market update: support for turmeric growers

October 6, 2023 at 8:15 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

In contrast to last week's upward trend, prices on the Indian cumin market are now showing a slight decline. However, considering the weak domestic and export demand, the declines are still very moderate at USD 30/mt. Indian traders report that export volumes have dropped significantly, but Chinese stocks are now said to be largely exhausted and international buyers are likely to fall back on the Indian crop. In addition, there are upcoming holidays, on the one hand in India itself, and on the other hand with Christmas and Ramadan also in important target coun

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