Spice market update: market dynamics highly intriguing for red chilli

August 17, 2023 at 11:58 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 seeds

After last week’s rise prices have declined again a bit this week. With news resonating in the market that more than 50% of transactions from China are being terminated traders in India are confidently stocking cumin at the current high rates. India is also sporting the highest prices for cumin at the moment and there is little chance for a substantial downturn, despite export demand being minimal. Not only is trading subdued in Syria and Afghanistan, where prices range nearly 5-7% lower, but the local market is also stocking up for the domestic fe

View related articles

Go to the News Overview
Spices
Mar 28, 2025
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.
Spices
Mar 27, 2025
LIMA/BEIJING. Ginger production in Peru is set to increase significantly this year, although there could be some quality issues. China is the most important supplier for the EU, which is seeing a noticeable increase in imports.
Spices
Mar 26, 2025
BRUSSELS/THE HAGUE. According to the Dutch Centre for the Promotion of Imports from Developing Countries (CBI) the market potential for cardamom is very good in Europe. Official EU import statistics, however, show that the road to success is a bit bumpy.
Spices
Mar 20, 2025
GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, red chilli, black pepper and cardamom as well as a price list for more than 70 products.