Spice market update: imports flood Indian pepper market

November 15, 2024 at 8:05 AM , Der AUDITOR
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GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and chilli, black pepper and cardamom as well as a price list for more than 70 products.

Cumin

Cumin prices on the Indian market have fallen by a moderate USD 10/mt compared to the last two weeks, when there was little movement due to the Diwali festival. Traders are nevertheless confident that there will be price increases in the coming weeks. Demand from China is picking up as stocks there are running low, meaning that there should be significantly more buying in December at the latest. Demand from other target markets such as the USA, Brazil and Mexico is also constant, thus stabilising prices. Around 30% of Indian stocks are currently still in the w

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