Cumin seed players struggle for direction

Indian cumin seed had increased to $3,300 a tonne fob in the last week as stocks in the Asian country are very short and not enough to cover the next few months of consumption ahead of first arrivals from the 2010 crop around March. In contrast with this price indication, Indian cumin seed of 1% […]

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Cumin seed exporters boost price quotes

GLOBAL cumin seed prices have advanced strongly in recent weeks due to an overall lack of availability across the market. Indian cumin seed has shown underlying strength this year due to a smaller crop, which was estimated to be substantially short of the country’s massive internal consumption requirement, prompting imports from…READ MORE

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Cumin seed values reflect overall squeeze

GLOBAL cumin seed prices are expected to be prone to upward pressure over the remainder of this year due to tightening stocks in India and other key producers. India was maintaining a price level of around $2,250 to $2,300 a tonne fob, a factor which it viewed as evidence of the Asian country’s sustained presence […]

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Uncertain outlook underpins Indian cumin seed

INDIAN cumin seed prices have shown a fluctuating tendency of late although the undertone is viewed as stable to firm due to supply concerns. After swinging either way over the week under review. However, spot prices had ruled firm amidst very limited arrivals and hedgers being active on the dips in values…READ MORE

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India posts records for foreign spice sales

INDIAN spice exports surged to record levels in 2008/09 both in volume and revenue terms, boosted by strong demand for cumin seed. Cumin seed exports rose 88% in volume to 52,550 tonnes and were up 87% in value to Rs2.92bn as poor crops…READ MORE

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Cumin seed advances belie fundamentals

INTERNATIONAL cumin seed prices have remained prone to increases due to market speculation and minimal overall availability in the run up to the next set of crops, which have overshadowed the underlying bearishness of subdued demand. The Indian price will stay at these sort of levels through the summer and then start to jump up […]

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Pressure builds for surge in cumin values

CUMIN seed prices are expected to be prone to upward pressure over the coming weeks as buyers are likely to need further cover in a market where supplies are dwindling. Indian produce had been in the range of $2,000 to $2,300 a tonne c&f for the last couple of months…READ MORE

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Fresh cumin enters market

THE new Indian cumin crop has started to appear on the market, with initial reports suggesting that output is lower than expected. The production of the Indian cumin seed crop is likely to decline by 20% to 25% this year due to unfavourable weather in the cultivating areas of Gujarat…READ MORE

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India sees high gain in spice exports value

INDIAN spice exports rose by 17% in value terms and 5% in volume between April 2008 and January 2009. Cumin seed exports were 43% higher in volume terms at 29,750 tonnes against 20,835 tonnes before and 41% up in value at Rs3.09bn from Rs2.19bn previously…READ MORE

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