▶Monitor Cardamom Supply: Track weather reports in Kerala closely, as a potential 20% crop deficit could lead to a supply squeeze in the later months.
▶Hold Ginger and Cloves: Maintain existing positions in Dry Ginger and Cloves as export demand and currency depreciation favor a firm price trend.
▶Wait on Cumin: Avoid bulk procurement of Cumin for now as the current lack of speculative and stockist support suggests continued market sluggishness.
▶Leverage Export Windows: Focus on exporting Cardamom while Indian varieties remain competitive against high-priced Guatemalan stock.
▶Steady Chilli Procurement: Maintain regular inventory levels for Red Chilli as the market is expected to remain stable until Guntur operations resume in June.

Latest Spice Market Updates

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