Dear Client,
Please find below the latest market updates for the Indian Spice sector as of
13 July 2026.
The weekly Kirana and Dry Fruits market review highlights a split trend: firmness and price appreciation were observed in turmeric, coriander, dry ginger, figs, and walnuts due to active demand and tight supplies. Conversely, cumin, kalonji, mustard, raisins, dry dates, and dry coconut witnessed downward pressure driven by increased arrivals and sluggish buying.
Turmeric Gains Momentum on Reduced Arrivals 📈
Turmeric prices experienced a bullish trend as arrivals in major producing centers like Nizamabad, Sangli, and Erode fell below normal levels. The carryover stock from the previous season remains significantly low, tightening overall supply. Market sentiment is strong, and the commodity is expected to maintain its firm tone in the coming days.
Coriander Firm on Lower Production and Stockist Holding 🌿
Coriander prices moved upwards due to a significant reduction in production this year, causing a shortage of goods in the markets. Farmers and stockists are reportedly holding back their inventories in anticipation of better returns. This supply-side constraint has strengthened market sentiment, suggesting a stable to bullish outlook in the near term.
Dry Ginger Remains Bullish Amid Low Global Production 🪵
Dry ginger (Sonth) continues to display strong bullish sentiment due to an acute shortage of fresh ginger feedstocks. Global supplies are exceptionally tight, with reports indicating a massive 50 percent drop in Nigeria’s ginger production. Despite high domestic prices slowing down immediate retail demand, tight stock levels and robust export figures suggest prices will remain highly firm.
Red Chilli Holds Steady Despite Slow Export Buying 🌶️
Red Chilli prices maintained their firm posture despite a temporary lull in active trading. Exporters showed muted interest recently due to average quality arrivals in major markets like Guntur. However, limited high-quality availability is expected to support prices, keeping the cash market strong in the immediate term.
Cloves Maintain Sluggish Trend Amid Muted Demand 🍂
The cloves market is witnessing continued sluggishness with weak buying activity dominating spot trades. Although a weaker Indian Rupee against the US Dollar usually increases import costs, it has failed to spark local demand. The near-term outlook remains soft with a lazy market sentiment expected to persist.
Small Cardamom Under Pressure from New Crop Arrivals 🟢
Small cardamom prices have registered a soft trend as heavy arrivals at major auction centers like Idukki continue to boost overall market supply. Despite a drop in daily auction volumes on specific days, buyers remain highly cautious, dragging average auction prices down. The pressure of the incoming new crop is expected to keep any immediate price recovery in check.
Black Pepper Stagnates Under Sri Lankan Import Pressure 🖤
Black pepper trading remains highly sluggish as demand fails to pick up despite recent price corrections. Market sentiment is being heavily weighed down by continuous cheaper imports arriving from Sri Lanka. With trading activities remaining dull, spot prices are expected to stay soft and range-bound in the near future.
Cumin Faces Sluggish Demand Despite Lower Arrivals 🌾
Cumin prices settled on a weaker note as demand from bulk buyers and stockists remained highly sluggish. Daily arrivals in Unjha fell slightly, but the lack of strong physical buying and weak speculative support in futures dragged market sentiment down. Prices are expected to remain flat with no major recovery predicted in the short term.
Kalonji Slips on Bumper Crop and Heavy Supplies 🖤
Kalonji prices witnessed downward pressure, dropping significantly due to a bumper harvest in major producing states. This has resulted in ample stock availability in the markets, creating a supply glut. In the absence of matching demand, prices are expected to remain soft and under pressure.
🔑 Key Takeaways
for Buyers
- Hold Turmeric Stocks: With major producing centers reporting low arrivals and minimal carryover stocks, holding current turmeric inventories for better margins is advised as prices are likely to climb further.
- Muted Cumin Accumulation: Given the weak buying interest in spot markets and a bearish futures trend, buyers should adopt a wait-and-watch approach before making large-scale cumin commitments.
- Caution on Cardamom: Heavy arrivals of the new cardamom crop in auction centers are suppressing prices. Delay bulk purchases until supply stabilizes and prices bottom out.
- Capitalize on Dry Ginger: Strong export demand coupled with a severe crop failure in Nigeria makes dry ginger a high-potential bullish commodity. Secure positions on minor dips.
- Avoid Bulk Pepper Buying: Increased inflow of cheaper Sri Lankan imports is dampening domestic black pepper sentiment, making short-term buying on an as-needed basis the most prudent strategy.
- Accumulate Coriander on Dips: Lower overall production and stockists withholding supplies indicate that coriander has a strong underlying base. Consider buying on minor market corrections.