Spice market update: turmeric production may halve

July 21, 2023 at 8:10 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

Indian cumin prices have risen by another USD 150/mt compared to last week and traders are now drawing conclusions. Many of them are buying more in China, where prices are 17-18% cheaper than in India. China itself has purchased a lot of goods from India in the last three months - at that time the prices were still significantly below the current ones. This is now turning out to be a smart move, because as domestic production is also increasing, China now has the opportunity to export large quantities of goods. Indian sellers are also trying harder to sell the

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.