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Cumin Commodity Prices Jun 08

(Indicative Cumin Commodity Prices in US$ PMT FOB port, India)

28th June - 2890-2990
The cumin prices has once again jumped up substantially on the back of good export demand and expectation of lower crop from Syria and Turkey. This jeera season is certainly good for India as it has good production whereas there is short supply from other countries so demand for Indian cumin is up as well prices are competitive.


25th June - 2825-2925
The prices jumped up by almost 1% after showing the drop to start the week with. The good export demand and news of lower crop in Syria and Turkey is fuelling the Indian cumin prices. Syrian production is estimated in the region of 18000-22000 tonnes.

23rd June - 2800-2900
The cumin prices once again were pulled down due to drop in export and local demand on higher prices. So the commodity prices saw the correction.

21st June - The cumin commodity prices showed slight correction in local market after lifting itself up continuously for last few days. The export prices remains unchanged at 2825-2925.

19th june - 2825-2925
The cumin prices are getting firmer day by day due to good export demand and lower output news of other countries. The cumin commodity futures too are going strong.

18th June - US$ 2800-2900
The cumin machine cleaned was once again up due to good export demand. Though the harvest season is over, this year assumptions are there that farmers still have good stock which are yet to come to the market so the arrivals are lesser than demand pushing the cumin prices upwards. The futures market is also going firm giving indication that the new crop of competitors (Middle East countries) may not be able to ruin the Indian cumin party.

17th June - Machine Cleaned - US$ 2775-2875
Best Machine Cleaned - US$ 3200-3300
The cumin commodity prices have once again shot up due to good export demand and expectations of lower output from Middle East countries.

16th June - Machine Cleaned - US$ 2720-2820
Though the arrivals from Middle East are expected in next month, the cumin prices in India is shooting up as right now importers have to buy from Indian market only.

13th June - Machine Cleaned - 2675-2775
The cumin seed prices were up as the arrivals are on the slower side due to the end of harvesting season. Also the rains in cumin region is keeping the supply slow in the markets. The prices may drop from this level as crop of Middle east countries is expected by next month.

12th June
Machine Cleaned - US$ 2600-2700
The cumin prices are more or less in the same range though futures have been showing fluctuating trend. With Middle East crop to arrive in the International market in next month, the prices may see some volatility in coming days.

10th June
Machine Cleaned - US$ 2600-2700
The cumin prices are more or less stable right now. With Syrian and Iran crop to arrive in the market in coming days, cumin may see some fluctuations in near future.

7th June
Cumin Best Machine Cleaned - US$ 3000-3100
Machine Cleaned - US$ 2600-2700
It is more or less on the same level.

2nd June
Cumin Machine Cleaned - US$ 2625-2725
As expected the prices showed the positive jump mainly due to good overseas as well local demand on lower prices which prompted the prices to go up.

Cumin Seed Prices Archives |Oct|Sep|Aug|July|June|Apr-May| For latest prices of Cumin Seed

 

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