Dear Client,
Please find below the latest market intelligence for the Indian Spice sector as of
09 September 2026.
Large Cardamom and Raisins showed strength due to increased consumer demand, while Turmeric softened on reduced buying interest in the Kirana commodities market.
Large Cardamom Surges on Robust Consumer Buying! 📈
Large Cardamom prices have seen a significant increase, driven primarily by strong consumer purchasing activity. The market experienced a surge as weak selling pressure at lower price points further supported the upward trend. This indicates healthy demand prevailing in the market.
Turmeric Softens Amidst Declining Demand 📉
Turmeric prices have registered a notable fall, attributed to a clear decline in overall market demand. A lack of supportive consumer buying has pressured prices downwards, affecting varieties like Erode and Salem Finger. The market currently lacks strong buying interest, contributing to its subdued performance.
Black Pepper Poised for Gradual Growth ⬆️
Black Pepper markets are anticipating a gradual price increase, influenced by rising prices in Sri Lanka and declining import quantities. Domestic production is projected to decrease by approximately 25% this year, while farmers in Kerala continue to hold stock due to previously unattractive prices. Despite a recent minor dip in Kochi, overall supply tightening and strengthening demand are expected to drive prices up.
Red Chilli Market Stays Soft, Exporter Demand Lacking 🌶️
Following recent notable gains, the Red Chilli market has entered a phase of softness. This downturn is largely due to a pronounced lack of demand from exporters, which continues to influence the market trend negatively. Prices are expected to remain soft in the coming days, with no immediate signs of recovery.
Cloves Witness Sluggish Selling Post-Dip ⏳
After a recent price decline, selling activity in the Cloves market is currently sluggish. While prices have stabilized at previous levels, rising temperatures and generally higher recent prices could influence the market trend. This sluggishness in sales is anticipated to persist in the short term.
Small Cardamom Shows Stability, Auction Prices Rise 🌿
Small Cardamom is exhibiting a stable trend, supported by sluggish selling from stockists. Despite an increase in arrivals at recent auctions, mild support from buyers has led to a rise in average auction prices. This resilience suggests consistent underlying demand, with no immediate fear of softness in the market.
Dry Ginger Anticipated to Remain Firm 💪
Despite sluggish selling even at reduced prices, the Dry Ginger market is projected to remain firm. This firmness is largely influenced by the higher prices observed for fresh ginger, which tends to provide underlying support. The market expects a robust trend to continue in the coming days.
Cumin Faces Stagnation, No Immediate Upside Expected 🛑
Cumin prices are currently stable at previous levels, with no immediate prospects for an increase. Recent improvements in arrivals in Unjha markets, coupled with weak selling pressure from stockists, have contributed to this stagnation. Futures markets have also seen a decline due to diminished selling from storers, indicating a bearish sentiment for short-term growth.
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