Spices

Spice market update: wedding season boosts demand

April 22, 2022 at 9:06 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

As in previous weeks, the upward trend in cumin prices continues. Some buyers were temporarily hesitant and demand eased, but this was short-lived and the market quickly recovered. Traders and stockists are satisfied with their profits this season and experts do not expect significant price reductions soon. Due to the still higher prices for goods from Turkey and Syria, Indian cumin remains in demand among foreign buyers. Cumin, grade A is trading at USD 2,930/mt FOB India this week.

Coriander seeds

Some market players had reck

View related articles

Go to the News Overview
Spices
Nov 25, 2022
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
Nov 18, 2022
MASHHAD. Annual production normally exceeds 300 mt in Iran’s Khorasan Razavi Province, but climatic conditions have changed and production now only ranges at 150 mt. The decline in prices witnessed in recent years also contributed to this trend as farmers had less incentive to grow saffron. Now the tide may, however, be turning.
Spices
Nov 17, 2022
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
Nov 16, 2022
TEHRAN. International sanctions are giving Iran’s cumin exporters a hard time as direct shipments to many countries, especially in the EU, are not possible. Exports have declined sharply this year.