Spice market update: mixed price trends dominate the market

July 2, 2021 at 8:55 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

Farmers are currently busy sowing cumin, which is why arrivals at the markets continue to decline. Analysts expect that both export and domestic demand should increase soon; while increased buying interest from hotels and restaurants is expected domestically, exporters expect shipments to the US and Europe in particular to increase. Some market players even expect exports to rise by 15-20% compared to last year. Prices for grade A cumin have seen a minimal increase and are currently at USD 1,940/mt FOB India.

Coriander seeds

Co

View related articles

Go to the News Overview
Spices
Oct 30, 2024
TEHRAN. Prospects are highly encouraging for the new saffron crop. Iran, however, needs to rethink its policies to reclaim its top position in the international market.
Spices
Oct 25, 2024
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
Oct 18, 2024
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
Oct 10, 2024
GUJARAT. Weekly monitoring with the latest market information from India on coriander, cumin and turmeric along with chilli, cardamom and black pepper as well as a price list for more than 70 products.