Spices

Spice market update: support for turmeric growers

October 6, 2023 at 8:15 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

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

View related articles

Go to the News Overview
Spices
Jul 17, 2024
LIMA/BEIJING. The global demand for ginger is steadily increasing and more and more farmers are deciding to grow this product. However, market players are confronted with difficulties such as quality issues and high freight costs.
Spices
Jul 12, 2024
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
Jul 4, 2024
GUJARAT. Weekly monitoring with the latest market information from India on cumin, turmeric and chilli, black pepper and cardamom as well as a price list for more than 70 products.
Spices
Jul 3, 2024
TEHRAN/BRUSSELS. While Iran’s Ministry of Agriculture has recently updated the export and production figures for saffron, statements are devoid of any reference to disruptions. EU imports have surged by 31% in terms of value.