Cumin Seeds Future – Strong and Stable
- Due to the March-end, most of the markets of Gujarat have been closed due to holidays since last Thursday.
- The arrival of new cumin has increased in the market of Rajasthan and Gujarat since last week.
- Looking at the weak condition of the crop, all the goods that come into the markets are sold.
- According to the traders, the cumin market is expected to remain stable for this week.
- Domestic and Overseas Buyers would prefer to buy cumin at every price update.
- Cumin’s future in the spot and futures market is strong and positive.
- The Cumin A Grade 99% Pure prices were recorded at $2,84 per kg FOB.
Coriander Seeds will Remain Strong & Bullish this Year.
- Last week, the market of coriander remained strong.
- The stockists had good demand for fine quality goods; the rest of the demand remained normal last week.
- Due to the financial year-end, most of Gujarat’s markets are inactive since last Thursday and are supposed to remain the same till next week.
- The arrival of new quality coriander seeds has increased everywhere in the market of Rajasthan and Madhya Pradesh.
- The quality of the new crop is getting better now. Most of the goods coming into the markets are being sold on a day-to-day basis.
- According to the traders, coriander has no bearish trend as of now. Like cumin seeds, traders state that coriander should be bought on every correction.
- Coriander’s future will be promising this year. The market trend in coriander is bullish for the long term.
- The Coriander Eagle 5% Split prices were Recorded at $1,49 per kg FOB.
Turmeric may not go on a Bullish Trend
- For Turmeric, all the domestic markets remained stable last week.
- The arrival of new goods is increasing in the market of Maharashtra.
- Demand for turmeric is average in all the domestic and international markets.
- Some correction can be witnessed in the markets as arrivals increase.
- As per the sources, at present, turmeric is not showing bullish condition, buyers and stockists prefer to wait or trade with limitations now.
- The Turmeric Finger (Salem, Double Polished) prices were Recorded at $1,22 per kg FOB.
Fenugreek Seeds – Improved Quality and Bearish Trend
- Markets remained silent everywhere the previous week for Fenugreek Seeds.
- The arrival of new fenugreek has started increasing in Gujarat and Madhya Pradesh markets.
- The quality of fenugreek seeds coming into the markets is of average quality.
- In the future, the quality of fenugreek will improve.
- The arrival of new fenugreek in Rajasthan will start in the first week of April.
- The condition of the new fenugreek crop is good.
- As of now, the trend in fenugreek is bearish.
- Experts advise buying limited quantities of Fenugreek seeds as per current requirements.
- The Fenugreek Sortex prices were Recorded at $0,95 per kg FOB.
Black pepper at its lowest five years
- Black pepper prices have been moving in a limited range for some time.
- Demand is weak at higher prices.
- On the other hand, selling stops as soon as the market decreases, due to which the market improved a little.
- Harvesting of the Pepper crop has started, but there is a delay in the new crop, and pressure will build up only in April.
- Recent harvests are also delayed in Vietnam, and arrivals will start only next month.
- Stockists are waiting for new purchases in anticipation of a new crop.
- According to the traders, the market of Black Pepper will move in a limited range for now, till the pressure of the new crop does not come; better to wait and watch.
- This year Black Pepper crop is at its lowest level in the last five years. Black Pepper’s future looks bright.
- The Black pepper prices were Recorded at $7,70 per kg FOB.
For more information, facts and figures, become a member. Click here.