Spice Trade — market news

... and a few other articles on cooking with spices!

Market Update: Cardamom, Paprika, Zaatar

cardamom market news paprika zaatar

Cardamom prices have started stabilizing after reaching an all time high. This spice shot up around 3X price for bulk exports - and at some point in time prices in supermarkets were actually cheaper than importing! Prices have dropped a little bit since the peak, but are still more than double what they were in the start of summer. Paprika prices are starting to drop as the new crop of Paprika arrives in the market. Our prices will be updated shortly to reflect the seasonality of this product, which comes once a year. The price of Zaatar has begun soaring in the last 1...

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Market Update: Caraway, Quinoa, Chillies

caraway seeds chillies market news quinoa

Chilli prices have started stabilizing after reaching a new peak all around the world: Kashmiri Chilli, our set of Peruvian Chillies (Panca, Mirasol) as well as Yidu Chilli have all gone up dramatically since the start of the year. Chilli crop usually comes at end of Winter / start of Spring. As we get deeper into summer, stocks are low and prices are near their highest. Caraway Seed prices are now at their lowest point in the last 2-3 years. This crop grows fast and is prone to overstocking. We expect a big rise next year. Quinoa prices are slowly starting to drop again. White Quinoa suddenly...

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Market Update: Cardamom, Cashew Nut, Garlic

cardamom cashew nuts garlic market news

Green Cardamom prices have SKYROCKETED in the last 1-1.5 months. Prices have more than doubled since May. The latest crop was a disaster, and there is a big shortage in availability. Cardamom crop comes twice a year, and the next expected crop arrivals aren't until October. We expect prices to keep going up until then. Since Cardamom flavour is so unique, it's also difficult to substitute. But a rudimentary copy can be made with blending Cinnamon, Nutmeg, Allspice together. This has led to heavy demand for these 3 spices as well. Cashew Nut prices seem to have calmed down further. Crop was...

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Caraway Seeds

caraway seeds market news

Caraway Seeds

Market for Caraway Seeds weakens as last season's crop turns out much bigger than expectedFarmers still have ample stocks from previous year due to dryer climate in general....... and pricing is coming down.

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Market update: Dried Onion

market news onion powder

Dried Onion is a funny commodity. It’s one of the most popular spices, as it’s a staple of just about every cuisine, and produced in huge quantities all across the world. Yet, every time onion crop arrives, prices are all over the place. Onion farmers know their product is in demand, and so are unwilling to be the ones to start negotations. Buyers know when production is ongoing and harvesting has started, so they don’t want to start talks either. The rule is straightforward: he who starts the talks, has the worse side of the bargain. After the first big...

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