Spice market update: price increases on all markets

July 14, 2023 at 8:11 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

After the rise in cumin prices had taken a short break last week, there have been massive price increases again since then. Indian market players report that Syrian exporters are not adhering to the agreed delivery terms and that most of the goods are not reaching India. The Chinese crop is now available and is below Indian prices, so that Indian importers are increasingly buying goods here with which they can make good profits. In addition, Indian exports are achieving very good values despite the extremely high prices. Cumin, grade A currently costs USD 7,60

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