Spice Market Update: Chili Market Shows No Signs of Easing

This week, our focus is on the spice market, particularly the situation in Gujarat, India. Let’s dive into the latest updates on cumin, coriander, chilli, black pepper, and cardamom.

Starting with cumin, we’ve seen prices taking a dip in recent weeks in the Indian market. Despite this, local experts believe that the market remains robust and can overcome these small challenges. While there’s moderate demand from China at the moment, suppliers in India anticipate a surge in purchases leading up to China’s New Year celebrations in February. Additionally, the Federation of Indian Spice Stakeholders (FISS) reports a sharp decrease in the cumin acreage in India, with expectations dropping from 381,000 hectares to just 244,000 hectares. However, the sowing process is still ongoing, indicating ongoing activity in this space.

Looking for more in-depth insights? You can purchase this report on Mundus Agri, where you’ll get exclusive updates on cumin, coriander, chilli, black pepper, and cardamom, along with a detailed price list covering over 70 products in categories like spices, nuts, herbs, pulses, dried fruit, oilseeds, and cereals. So, if you’re keen on staying informed about the latest market trends and prices, this resource is a valuable tool to have in your arsenal.

Stay tuned for more engaging updates about the world of spices!