Spice market update: declining freight costs boost exports

July 29, 2022 at 9:26 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

Indian cumin is managing to maintain its upward trend this week. Although domestic demand leaves much to be desired, the high buying interest from overseas supports prices. Chinese importers in particular are increasingly buying high-quality goods from India. This not only raises export prices, but also farmgate prices, to the satisfaction of the farmers. However, there are also reports from the Indian market claiming that export demand is manipulated to create artificial hype. This is difficult to trace, but the Unjha market had already seen increased inciden

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