▶Hold Cumin: Avoid fresh bulk buying as the market continues to correct and customer demand shows no signs of immediate recovery.
▶Quality Caution on Chilli: Procurement teams should be highly selective as recent arrivals are of inferior quality, which is driving exporters away and softening prices.
▶Monitor Currency for Spices: Keep a close watch on the USD/INR exchange rate, as the weakening Rupee is increasing the landed cost of imported spices like Cloves.
▶Watch Export Trends: Monitor coriander exports closely; despite domestic sluggishness, the 18% increase in export volume suggests a potential long-term floor for prices.
▶Seasonal Inventory Management: Reduce inventory levels for Dry Ginger as the onset of intense summer heat in North India continues to dampen demand.

Latest Spice Market Updates

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