Spice market update: severe storms cause crop damage

November 11, 2022 at 8:23 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, prices for Indian cumin have recovered a little. There is also good news from the farmers: although sowing was delayed due to bad weather conditions, the acreage is larger than expected and could even reach a new record level. More growers have opted for this product because cumin brings in quite good profits overall. The prospect of a large crop has dampened demand a little. The big purchases from China and Bangladesh that traders had expected have not yet materialised, but they are not completely off the table either. If they do happen

View related articles

Go to the News Overview
Spices
Nov 22, 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
Nov 20, 2024
LIMA/BRUSSELS. Good demand is driving up ginger prices on the world market, and Peruvian farmers are taking advantage of the opportunity. EU imports are declining slightly.
Spices
Nov 15, 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
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.