THE global cumin seed market remains bullish, according to traders in the spice, who confirmed that prices had not eased in recent weeks. India is around $3,000 a tonne c&f. The reason for the uncertainty surrounding the Indian crop this year is centred on the fact that cumin is now competing with many cash and […]
INDIAN cumin seed prices have risen quite strongly of late due to considerable export interest and festival demand at domestic level. It is clear that the settling of the cumin quality related issued on the Indian…READ MORE
Cumin seed exports for April to June 2007 reached 4,000 tonnes, compared with 8,050 tonnes during the first three months of the last financial year. It has set a lower target of 25,000 tonnes, versus exports of 26,000 tonnes last year. India was likely to face short supply of at least 100,000 bags of 55kg […]
INDIAN cumin seed exporters are benefiting from increased overseas demand. Indian 99% pure, best grade cumin seed at $2,900 a tonne fob Indian ports and 99% pure, fair average quality grade at $2,850 a tonne fob. In spite of such large rush of demand, prices were holding, leading the firm to describe it as a […]
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