Spices

Spice market update: turmeric prices reach highest level in five years

February 19, 2021 10:07 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 prices had fallen continuously in the past weeks, an upward trend can now be observed. However, more of the new crop will arrive on the markets in the near future, so that prices will come under pressure again. There are no concrete estimates yet, but Indian market players reckon that the crop volume in the leading cultivation state Gujarat could be lower than last year. Currently, grade A cumin is trading at USD 1,950/mt FOB India, which is USD 30/mt above last week's price.

Coriander seeds

A good demand situation is cau

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