Spices

Spice market update: turmeric traders hardly make any profit

December 2, 2022 at 8:52 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 last week's price drops, the cumin market has now stabilised again and recorded slight increases. The lack of local and international demand is causing some Indian traders to resort to drastic measures: they are spreading the news that farmers who started sowing early are not seeing good growth of the plants, so that the crop is expected to fall short of expectations. These rumours are meant to drive prices up, but so far without success, as no official institution confirms these statements. However, there are also traders who report a higher sowing than

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