WEAK export demand led to price falls in a number of key Indian spices on Tuesday. Cumin seed futures opened lower on weak demand and expected higher production. Exports of the spice fell 18.5% in October due to low demand as a fallout of the global economic slowdown…READ MORE
INTERNATIONAL cumin seed prices have been pushed sharply lower of late due to another strengthening in the US dollar, expectations of a sizeable Indian crop in February 2009 and slack overall consumption. Importers are buying Indian material this year and avoiding the other origins, particularly in view of the price competitiveness of India…READ MORE
INDIA’S total volume of spice exports in the first seven months of the 2008/09 season rose by 7% due to strong demand for cumin seed. Cumin seed exports rose by 74% in the seven month period to 26,000 tonnes due to lower output in other major producers such…READ MORE
INDIA’S total volume of spice exports in the first half of the 2008/09 season were up 8.4%, compared to the same period last year, as larger quantities of cumin seed and coriander were shipped abroad. Exports of cumin seed were up 97% in the first half of the season as lower output in other major […]
CUMIN seed prices have incurred further losses over recent weeks due to the combined effects of the strength of the US dollar against local currencies, the downward pressure of speculative activity in India and attempts to increase buying interest. In the week ending October 10, Indian produce was indicated at $2,800 a tonne cif compared […]
DECENT rainfall in the last part of India’s monsoon looks to have brightened the prospects for its cumin production in 2008/09. As well as good rains in August and September, rising cumin prices over the past two years to a peak of Rs2,500 ($50.97) to Rs2,600 per 20kg bag have spurred production…READ MORE
CUMIN seed prices have been prone to further increases over the last few weeks as the effects of this year’s smaller crops take effect. Indian prices had eased over the past week to around $3,100 a tonne c&f for 1% material compared with $3,300 a tonne c&f earlier…READ MORE
A SUCCESSION of sharp rises in Indian cumin futures over recent trading sessions has shown the way forward for prices in a tight global market. Nevertheless, Indian cumin seed – 99% pure machine cleaned grade one – prices eased to $2,790 a tonne c&f…READ MORE
CUMIN seed importers remain largely dependent on India for supplies with recent price indications from other origins viewed as excessively high and largely speculative. Indian cumin seed offers were said to be ranging between $2,700 and $2,850 a tonne cif. India has been selling high volumes globally this season, benefiting from the lack of exports […]
Cumin seed exports from India, the largest producer and exporter, rose 8% to 28,000 tonnes in 2007/08, last month Indian cumin seed futures extended gains on May 30 for the second straight session on rising export demand…READ MORE