SPECULATION appears to be the main reason behind the current firmness in the Indian cumin seed market, with demand for cumin seed low in India and elsewhere. Indian speculation is the reason for the high price. Speculators bought lots of stock because of the low crop there. Rains caused some weather damage which triggered some […]
INDIAN traders expect to see a downward correction in cumin seed prices in the coming week as arrivals start to pick up. Indian cumin seed for March and April delivery has risen by 27% in the last month, with strong demand and fears of crop damage from rain pushing up prices…READ MORE
Indian cumin seed for March and April delivery has risen by 27% in the last month, with fears of crop damage from rain and strong demand pushing up prices. Cumin seed futures should remain bullish until Saturday, but next week we could see the commodity entering a correction phase…READ MORE
WORLD cumin seed prices have been rising over the last week or two, with raw material from some destinations having climbed by more than $100 a tonne in just a couple of days. India has a huge domestic demand, which they probably can’t deliver, so it’s more or less expected that they will go abroad […]
INDIA is anticipating a much smaller cumin seed crop this year after local sources forecast a major decline in output from key producing region Gujarat. Gujarat’s new crop will be 48% lower than that of 2006 at 42,000 tonnes against 81,000 tonnes previously…READ MORE
THE world cumin market is currently very quiet, with most buyers well covered The market hasn’t done much for a while. It’s difficult to know what’s left. It has been very quiet for the last couple of months generally people are well covered. India is a massive producer of cumin seed, producing 150,000 to 200,000 […]
LOW domestic and international demand should keep Indian cumin seed prices stagnant until arrivals of fresh crop start in February and March next year. India produces around 1.2m to 1.3m tonnes of cumin seed a year, with most of this consumed domestically…READ MORE
INDIAN exports of spices and spice-based products have increased 23% in value during the April to October period of the current financial year, compared with the same period last year. India exported 18,500 tonnes of cumin valued at Rs1.368bn against 5,223 tonnes in the same period the year before valued at Rs4.032bn, a 254% increase […]
INDIAN Spices Board officials are confident that the sector as a whole will achieve even higher sales over the coming months than those seen so far in the current financial year. India’s cumin shipments surged to 16,500 tonnes, which was a 278% rise over the previous year’s 4,364 tonnes. The value earned was Rs1.2bn – […]
CUMIN seed prices have been steady recently, but the expectation is still that the general trend will be upward in coming months. Cumin seed prices were unchanged from the previous week with Indian cumin seed at $2,100 a tonne, the same as the…READ MORE