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    1. Home
    2. Spice Trade
    3. Price updates: Indian Spices

    Price updates: Indian Spices

    August 31, 2014

    Price updates: Indian Spices

    The peak arrival seasons for most spices are over. Now that farmers and factories alike have also begun to book in purchase orders, many prices have stabilised and begun dropping as farmers clear stock. We expect most prices to remain at these levels for now, but expect seed prices to increase gradually.

    priceupdates

    Our market rate below for spices:

    Kashmiri Chilli
    Festival season in India is approaching later this month, we expect prices to rise.
    50G (1.8 OZ) PRICE: USD 6
    100G (3.5 OZ) PRICE: USD 8
    200G (7.1 OZ) PRICE: USD 10 

    Black Peppercorns
    As competing Pepper growing in Vietnam has still just been released to the market (farmers unwilling to sell), prices have been steadily falling. Sri Lankan Pepper crop was less than last year, which is another reason for the current high prices. Indonesian Pepper has also just arrived on the market (August). Markets are now stable.

    100G (3.5 OZ) PRICE: USD 10
    200G (7.1 OZ) PRICE: USD 14
    300G (10.6 OZ) PRICE: USD 18 

    Turmeric
    Madras quality turmeric is low in price, most buyers are purchasing this. As a result, our Saffron grade turmeric is also weaker in price. We expect prices to go up shortly also in line with festival season in India later this month.

    100G (3.5 OZ) PRICE: USD 5
    200G (7.1 OZ) PRICE: USD 9
    500G (17.6 OZ) PRICE: USD 19 

    Ginger
    Ginger has been rocketing up all season. Indian farmers are unwilling to dry ginger because fresh ginger has started commanding a high price. We are currently looking to restock our own supply of dried ginger as our own quality is proving to be hard to come across in the market.

    Currently: SOLD OUT.

    Cumin Seeds
    Rates have been on the rise, but slowed down in the last few weeks. We expect this pricing for the rest of the season.

    100G (3.5 OZ) PRICE: USD 6
    300G (10.6 OZ) PRICE: USD 11
    500G (17.6 OZ) PRICE: USD 14 

    Green Fennel Seeds
    Crop was very low this season, and demand has remained the same locally, so prices are higher than previous seasons.

    100G (3.5 OZ) PRICE: USD 5
    200G (7.1 OZ) PRICE: USD 9
    500G (17.6 OZ) PRICE: USD 16 

    Fenugreek Seeds
    Price up hugely since last year because of unforeseen higher demand. We are still investigating the cause, as supply has remained similar.

    200G (7.1 OZ) PRICE: USD 6
    300G (10.6 OZ) PRICE: USD 8
    400G (14.1 OZ) PRICE: USD 10 

    Coriander Seeds
    Bad weather (heavy rains) cause serious damage to crop this season. Start of the season we saw nearly no good quality coriander seeds coming in. Situation is better now but we expect these prices to rise slightly.

    100G (3.5 OZ) PRICE: USD 8
    200G (7.1 OZ) PRICE: USD 12
    300G (10.6 OZ) PRICE: USD 14 

    Nutmeg
    Prices are falling, as Nutmeg production was great this year. Quality has not been this good, and yield has not been this high in a long time. Hence low prices this season.

    100G (3.5 OZ) PRICE: USD 13
    200G (7.1 OZ) PRICE: USD 18
    400G (14.1 OZ) PRICE: USD 28 

    Green Cardamom
    New season is nearing, so prices are low. New season crop expected to come in November. 

    50G (1.8 OZ) PRICE: USD 9
    100G (3.5 OZ) PRICE: USD 16
    200G (7.1 OZ) PRICE: USD 22
    300G (10.6 OZ) PRICE: USD 26

    Dehydrated Onion
    Rates have shot up lately due to end up season and flurry of last minute purchases, but have now stabilising. We have stocked up for the season so prices will remain the same.

     

    50G (1.8 OZ) PRICE: USD 6
    100G (3.5 OZ) PRICE: USD 9
    200G (7.1 OZ) PRICE: USD 12
    500G (17.6 OZ) PRICE: USD 20

    August 31, 2014
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