<\/p>\n
\n Dear Client,<\/p>\n
Please find below the latest market intelligence for the Indian Spice sector as of
\n 05 September 2026.<\/p>\n
Fenugreek prices are set for a significant upward trend, driven by a substantial production shortfall and strong demand, with further increases anticipated before Diwali.<\/strong>\n <\/p>\n <\/p>\n Fenugreek production is down by 30-35% this year in key producing states like Madhya Pradesh and Rajasthan due to reduced sowing and adverse weather. Old stock is severely depleted, creating a significant supply deficit. This situation has already driven prices up, with further substantial increases anticipated before Diwali as Ayurvedic companies actively procure stock. Despite holiday closures, the long-term outlook remains bullish, with sustained stability expected in the short term amidst ongoing consumption.<\/p>\n<\/p><\/div>\n New crop arrivals are exerting downward pressure on small cardamom prices at auctions. Despite this, average auction prices are seeing slight increases due to consistent buying support. Recent rainfall in producing states, particularly Kerala, has damaged crops, further impacting the new harvest. Exporter demand is also affected by geopolitical tensions, leading to no sustained price rally in the near future.<\/p>\n<\/p><\/div>\n The nutmeg market is currently quiet, primarily due to the ‘Shri Krishna Janmashtami’ holiday, which has led to closed business activities. Exporter demand is reported to be low, contributing to the stagnant market trend. The outlook for the next few days indicates no significant improvement in prices.<\/p>\n<\/p><\/div>\n Turmeric prices are stagnant due to the ‘Shri Krishna Janmashtami’ holiday and a lack of significant trading. While active futures saw a slight increase, the spot market in Erode also remained closed. Earlier, a price drop was observed due to higher arrivals. No significant price increase is expected in the coming days.<\/p>\n<\/p><\/div>\n Coriander prices are currently stable, unaffected by trading holidays for ‘Shri Krishna Janmashtami’. Futures contracts have seen a slight decline due to reduced stockist buying. Overall, no significant price rally is anticipated in the immediate future.<\/p>\n<\/p><\/div>\n Black cardamom prices are holding steady at previous levels, influenced by the ‘Shri Krishna Janmashtami’ holiday. While a slight price dip was observed earlier, new crop arrivals are now impacting market sentiment. No significant price appreciation is expected in the coming days.<\/p>\n<\/p><\/div>\n Cumin prices are currently stable in the wholesale market due to the ‘Shri Krishna Janmashtami’ holiday, which halted trading activities. Despite a slight upward trend observed a day prior, weaker buying in futures markets is impacting sentiment. The market is expected to remain stable in the immediate future.<\/p>\n<\/p><\/div>\n <\/p>\n📈 Fenugreek Prices Poised for Significant Rise<\/h3>\n
💚 Green Cardamom Faces Price Pressure<\/h3>\n
🌰 Nutmeg Market Remains Subdued<\/h3>\n
🟡 Turmeric Market Lacks Upward Momentum<\/h3>\n
🌱 Coriander Prices Stable Amidst Holidays<\/h3>\n
⚫️ Black Cardamom: New Crop Limits Gains<\/h3>\n
🌶️ Cumin Holds Steady Amidst Holiday Slump<\/h3>\n