The cumin market is currently navigating a period of notable weakness, as recent price declines have not sparked any significant recovery or renewed buying interest among traders and stockists. The latest trading sessions have seen cumin averaging $244.50 per quintal, marking a reduction of $12 per quintal, while sentiments across major markets continue to point downward. In addition, the week’s price softening of approximately $0.24 per quintal reflects persistent tepid demand, with many participants awaiting the anticipated arrival of rural supplies—an influx that threatens to exert further pressure on prices.
The subdued export market, coupled with lackluster global demand, compounds the market’s bearish stance. Analysts and market observers see little prospect of a near-term rebound, forecasting a stable to slightly weak price environment as both domestic and international buyers remain on the sidelines. These conditions set the tone for a cautiously bearish outlook, urging market participants to monitor supply inflows and evolving global trade cues closely.
Exclusive Offers on CMBroker
Cumin seeds
whole, grade - A
FOB 5.14 €/kg
(from IN)
Cumin seeds
grade - A
99%
FOB 2.32 €/kg
(from IN)
Cumin seeds
grade - A
98%
FOB 2.17 €/kg
(from IN)
📈 Prices at a Glance
| Product | Origin | Location | Grade/Purity | Price (EUR/kg) | Weekly Change (EUR) | Market Sentiment |
|---|---|---|---|---|---|---|
| Cumin seeds (Whole, Organic) | India | New Delhi | Grade A | 5.14 | 0.00 | Neutral |
| Cumin seeds (Grade A, 99%) | India | New Delhi | 99% | 2.32 | 0.00 | Weak |
| Cumin seeds (Grade A, 98%) | India | New Delhi | 98% | 2.17 | 0.00 | Weak |
| Cumin seeds (99%) | India | New Delhi | 99% | 2.33 | 0.00 | Weak |
| Cumin seeds (98%) | India | Gujarat, Unjha | 98% | 2.32 | 0.00 | Weak |
| Cumin powder (Organic) | India | New Delhi | Grade A | 4.38 | +0.03 | Neutral |
| Cumin seeds (99.9%) | Egypt | Cairo | 99.9% | 4.77 | -0.03 | Weak |
| Cumin seeds (Black, Grade A) | Egypt | Cairo | – | 2.16 | -0.04 | Weak |
| Cumin powder | Syria | Dordrecht (NL) | – | 4.70 | 0.00 | Neutral |
| Cumin seed | Syria | Dordrecht (NL) | – | 3.70 | -0.05 | Weak |
🌍 Supply & Demand Drivers
- Supply: Fresh inflows anticipated from rural growing regions in India, especially Gujarat, are expected to maintain downward pressure on prices.
- Demand: Both domestic and export demand remain guarded, with subdued international buying interest holding back pricing power. Stockist and trader activity continues to be minimal.
- Exports: Sluggish global demand, particularly from key importing markets in Europe and the Middle East, limits the likelihood of a short-term rebound.
- Speculative Activity: Lower trading volumes and lack of speculative interest signal persistently weak market sentiment.
📊 Market Fundamentals & Data
- Recent Auction Trends: Most major auction centers in India report a lack of aggressive bidding and a general preference for wait-and-see strategies among bulk buyers.
- Production Outlook: India, the world’s leading cumin producer, has reported a normal to above-normal crop, with additional arrivals expected to keep supplies ample.
- Stock Levels: No significant depletion in inventories, with warehouses reporting comfortable stocks both for domestic and export channels.
🌦️ Weather Outlook
Key cumin-producing regions across Gujarat and Rajasthan are experiencing typical seasonal patterns, with no major climatic disruptions reported. The latest forecasts indicate stable conditions over the next week, supportive of ongoing harvest completion and supply inflows. This will likely keep downward pressure on prices as new supplies come to market.
🌐 Global Production & Stock Comparison
- India: Expected to remain dominant with a strong crop and sufficient carryover stocks.
- Egypt & Syria: Moderate crop sizes, mostly for regional consumption and premium export offers.
- Importers: No unusual surge in demand from traditional buyers (EU, Middle East, North Africa), cementing a stable-to-weak global dynamic.
📅 3-Day Regional Price Forecast
- India (Gujarat/Unjha, New Delhi): EUR 2.15 – 2.32/kg (tone: Stable to slightly weak)
- Egypt (Cairo): EUR 2.15 – 2.18/kg (tone: Slight downside)
- Syria (NL delivery): EUR 3.65 – 3.75/kg (tone: Slight downside)
📌 Trading Outlook & Recommendations
- Buyers: Consider wait-and-watch with limited near-term procurement given the absence of upward momentum and further supply arrival risks.
- Stockists/Speculators: Avoid large position builds until clear signs of demand revival or price floor emerge.
- Exporters: Stay flexible, monitor freight rates, and hedge against further price slippages as global demand remains weak.
- Monitor: Rural arrivals, auction flows, and short-term weather forecasts for any sign of tightening supply or demand resurgence.
