Spice market update: cardamom crop suffers yield losses

February 2, 2024 at 8:28 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 a long dry spell, Indian cumin prices have managed to recover slightly this week. Indian traders say that this is mainly due to large purchases by Chinese importers, whose warehouses are emptying and who will stock up even more as soon as the new crop reaches India's major trading centres in larger quantities. Indian market experts predict prices to rise significantly from this point onwards. However, this situation is unlikely to last too long, as Chinese growers have also seized the opportunity and increased their cultivation of cumin after the massive

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