Spices

Spice market update: turmeric farmers concerned about water shortage

June 21, 2024 at 8:08 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

After cumin prices had risen significantly in recent weeks, prices have fallen this time. This is partly due to the large production volumes in other growing countries: China is expected to double its production this season to up to 60,000 mt, and the situation is similar in Afghanistan and Turkey, where 45,000-50,000 mt of cumin are expected. In India, larger quantities of goods are likely to be released for sale by the beginning of July at the latest, as farmers need money at this time. All of this is pushing prices down noticeably and makes increases in the

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