Spice market update: coriander seeds on the rise

August 4, 2023 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

In contrast to the development of the last weeks, cumin prices have slightly decreased. Market experts report that export demand is declining, while at the same time falling arrivals due to heavy rainfall are causing gaps in the supply chain. They therefore expect a further moderate price decline for the time being. However, other market players are of the opposite opinion, as some upcoming Indian holidays usually ensure better demand. Growers are also trying to artificially push up prices by holding back their goods. Imported goods from China are also unlikel

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