DESPITE a bumper crop, cumin seed prices in India, the world’s largest producer and exporter of the spice seed, have been largely stable in the last few weeks due to low carryover stocks and good export demand. The main cumin in the country, prices have been steady in the range of Rs10,500 ($231) to Rs12,000 […]
INDIAN cumin prices are under pressure from strong arrivals and poor exports so far this season. However, output in the 2008/09 seasons was an all-time high following a dramatic rise in the acreage turned over to cumin seed with the area under cultivation increasing by around 10% to 525,000 hectares…READ MORE
INDIAN cumin prices are under pressure from strong arrivals and poor exports so far this season, however, despite cumin spot and futures gaining marginally over the past week, most traders feel that the near-term outlook remains bearish as the harvest nears completion. Cumin exports in January 2010 dropped by 47% to 2,000 tonnes compared with […]