Spices

Spice market update: turmeric farmers fear damage from rainfall

December 17, 2021 8:10 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

The cumin market recorded slight declines of USD 5/mt, which according to market players is due to lower demand. As neither farmers nor traders are willing to sell their goods at lower prices, this has also resulted in declines in arrivals at the mandis. Sowing for the upcoming crop is expected to be completed in the next ten days, with the sowing report to be released shortly thereafter. According to current estimates, however, the area under cultivation is likely to be significantly lower than last year. The prospect of a smaller new crop is largely stabilis

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