Market Update: Cardamom, Onion Powder, Nutmeg, Mace

cardamom mace market news nutmeg onion powder

Green Cardamom prices have gone to an all time high of several decades, rocketing up for the last 10 weeks in a row. We are still not sure what is the main source of this surge in demand, but it could be due to huge price rises in Vanilla over the last 2 years leading to development of new dessert flavours. Other dessert-type of spices including Nutmeg, Cinnamon, Mace have all seen steady price rises for the last 3-4 months.

Onion Powder is finally dropping in price, due to warm and wet weather in producing regions (India, China are the biggest).

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