Spice market update: monsoon rains damage chilli crop

June 2, 2023 at 11:20 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

Compared to last week, cumin prices on the Indian market are showing a slight upswing. However, traders show little confidence that there will be further significant price increases, even though shipments are down. 75% of this year's crop are said to be already in circulation and demand is rather sluggish. Even China, on which Indian exporters had placed great hopes, is buying only what is necessary and is therefore unable to stabilise prices further. In addition, Turkey and Syria are major competitors on the international market. Indian cumin, grade A is trad

View related articles

Go to the News Overview
Spices
Nov 6, 2024
LIMA/BRASÍLIA. Peru, one of the world's most important suppliers of ginger, has suffered a significant drop in exports this year. In the Netherlands, prices are skyrocketing and Brazil is enjoying a good crop.
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.