<\/p>\n
\n Dear Client,<\/p>\n
Please find below the latest market intelligence for the Indian Spice sector as of
\n 23 September 2026.<\/p>\n
Large cardamom, turmeric, cumin, and coriander markets experienced softening due to weakened demand, while small cardamom prices firmed up on tighter supply.<\/strong>\n <\/p>\n <\/p>\n The large cardamom market is currently soft with no anticipation of price increases. This bearish trend is attributed to the arrival of new crops from Assam and Nepal, leading to good softness in wholesale markets and auctions. Furthermore, overall Haji stock levels are reported as weak, and imports from Nepal are declining, reinforcing the expectation of continued subdued prices.<\/p>\n<\/p><\/div>\n Turmeric prices have seen softness due to a noticeable weakening in market demand. While specific details on regions like Erode and Salem are mentioned in price lists, the overarching sentiment is one of reduced buying interest. The market appears to be struggling with an imbalance between available supply and sluggish consumer uptake.<\/p>\n<\/p><\/div>\n Cumin sales have remained weak following a recent price uptick, resulting in a soft market. Significant arrivals at mandis, combined with weakened selling from stockists, are contributing to the downward pressure. Active futures also saw a notable decline, indicating a lack of confidence in immediate price appreciation and suggesting a continued bearish trend.<\/p>\n<\/p><\/div>\n The coriander market is experiencing softness primarily due to diminished demand. This subdued buying interest is leading to an overall weakening of prices in the market. Without a significant rebound in demand, the market is likely to remain under pressure.<\/p>\n<\/p><\/div>\n The small cardamom market is showing strong firmness, with no expectation of softness. Heavy rains and subsequent landslides in Kerala’s Idukki region have impacted supply and damaged crops, leading to a significant jump in average auction prices. Despite increased auction arrivals, the underlying supply disruptions are driving prices upwards, suggesting continued bullishness.<\/p>\n<\/p><\/div>\n Red chilli prices are holding firm and are expected to remain strong, especially varieties like 335 No. This stability comes after a significant prior price jump, with market conditions suggesting underlying resilience. Despite inactive exporters, the monsoon’s return and previous price levels indicate a robust demand base, with little chance of immediate softening.<\/p>\n<\/p><\/div>\n The cloves market remains stagnant after recent softness, with prices holding at previous levels. Lower quality arrivals and generally higher prices from other producing countries are negatively influencing overall market sentiment. Consequently, there are no immediate expectations for an increase in clove prices.<\/p>\n<\/p><\/div>\n Black pepper sales are sluggish despite recent price increases, leading to a steady but soft market. Prices in Kochi are stable, but market sentiment is affected by expectations of increased imports from Sri Lanka. This anticipated rise in supply is likely to maintain the current sluggish conditions in the near future.<\/p>\n<\/p><\/div>\n The dry ginger market is showing firmness, with no anticipation of softness, despite sluggish sales at high prices. This stability is largely attributed to a delay in the arrival of the new crop from Kerala. The market is sensitive to supply disruptions, and the postponed harvest is contributing to current price resilience.<\/p>\n<\/p><\/div>\n <\/p>\n🍃 Large Cardamom: Bearish Outlook Amidst New Crop Arrivals<\/h3>\n
🌶️ Turmeric: Demand Weakness Drives Soft Market<\/h3>\n
🌿 Cumin: No Immediate Bullish Prospects<\/h3>\n
🌱 Coriander: Demand-Led Softness Persists<\/h3>\n
📈 Small Cardamom: Landslides Fuel Bullish Sentiments<\/h3>\n
🌶️ Red Chilli: Market Stability and Strength Expected<\/h3>\n
📉 Cloves: Stagnant Market, No Price Surge Anticipated<\/h3>\n
⚫ Black Pepper: Sluggishness to Persist Amidst Rising Imports<\/h3>\n
🥔 Dry Ginger: Firmness Due to Delayed Crop<\/h3>\n