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Spice market update: pepper growers report crop damage

September 1, 2023 at 8:25 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 prices have fallen noticeably in recent weeks and continue to do so this week. However, many traders see this not as a curse but as a blessing, giving trade some breathing space. Chinese cumin, which was in extreme demand globally, is losing a bit of its shine. There are two main reasons for this; firstly, transactions continue to be heavily delayed, and secondly, prices have risen from USD 6,300/mt to USD 6,900/mt within a week. This brings them closer to the prices for Indian goods, which are becoming increasingly interesting for buyers. Market

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