Spice market update: volatile cumin market

April 12, 2024 at 9:34 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 massive price reductions of recent weeks, Indian cumin is at least managing to maintain its price level this week. Market players report that daily fluctuations can be observed on the markets, including in terms of demand from Chinese importers. "It seems that China wants to buy larger quantities but is not willing to pay even slightly more," complains an Indian trader. However, there is hardly any demand from other countries or on the domestic market. China's crop is not expected to reach the markets for another two months, and there are no reliable

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