<\/p>\n
\n Dear Client,<\/p>\n
Please find below the latest market intelligence for the Indian Spice sector as of
\n 24 September 2026.<\/p>\n
Robust demand for small cardamom and watermelon seeds has emerged, driving price increases in the grocery segment.<\/strong>\n <\/p>\n <\/p>\n Consumer demand coupled with reduced selling from stockists has significantly boosted small cardamom prices. The commodity has seen a notable upward trajectory, indicating a bullish trend for the immediate future. This strong market sentiment is driven by consistent buying interest, making it a key item to watch.<\/p>\n<\/p><\/div>\n Despite limited farmer selling, coriander prices remain subdued due to persistently high base prices impacting overall sales activity. While monsoon has concluded in Rajasthan and is receding elsewhere, arrivals in major producing regions are still below normal. Export volumes have seen a 26% decline in quantity for the current fiscal year’s initial two months, suggesting no immediate signs of a price increase.<\/p>\n<\/p><\/div>\n Following a recent decline, nutmeg prices are stable but market activity remains sluggish. Prices are holding at previous levels, with arrivals and rates in Kochi also steady. Limited demand from exporters could further influence market sentiment. Expect continued sluggishness in nutmeg prices over the next couple of days.<\/p>\n<\/p><\/div>\n Turmeric prices have shown a slight improvement following recent increases. Arrivals in Erode show an increase, and strong buying from stockists has led to a jump in active futures contracts. This indicates a positive market sentiment. Turmeric prices are anticipated to see further increases in the coming days.<\/p>\n<\/p><\/div>\n Despite ongoing geopolitical concerns, specifically the Hormuz Strait blockade limiting vessel traffic and uncertainty around Bab al-Mandeb, poppy seed prices (Turkish) remain stable. This follows a minor decline, and trade remains sluggish. Potential import difficulties could impact market sentiment, but there is no immediate fear of a price decrease.<\/p>\n<\/p><\/div>\n Despite recent price declines, coriander remains active due to strong fundamentals. Information suggests steady arrivals in Barah mandi and strong buying from stockists has pushed active futures up significantly. This robust buying interest could influence overall market sentiment. Coriander prices are now expected to see significant increases in the coming days, reversing previous bearish outlooks.<\/p>\n<\/p><\/div>\n After a recent decline, large cardamom prices are showing signs of stability. Prices are holding at previous levels, with the first harvest now underway. While this could affect market sentiment, no significant price increases are expected for large cardamom in the next few days. The market is likely to remain steady.<\/p>\n<\/p><\/div>\n Following a recent decline, cumin sales remain sluggish. Arrivals in Unjha mandi are substantial, and prices have softened further. Light selling by stockists has influenced active futures. This bearish sentiment suggests potential for further declines. Cumin prices are expected to see some softening in the coming days.<\/p>\n<\/p><\/div>\n Monsoon has receded from key producing regions, yet market activity for fenugreek remains sluggish. Prices are unrevised after a recent decline, primarily because the consumption season has ended. This factor is likely to continue influencing market sentiment. No significant increase is anticipated for fenugreek seeds in the upcoming days.<\/p>\n<\/p><\/div>\n <\/p>\nGreen Cardamom: Strong Demand Pushes Prices Higher! 📈<\/h3>\n
Coriander (Initial Outlook): Bearish Sentiment Prevails 📉<\/h3>\n
Nutmeg: Sluggishness Expected to Continue 🐌<\/h3>\n
Turmeric: Price Correction Points to Further Gains! 🚀<\/h3>\n
Poppy Seeds: Stable Prices Amid Geopolitical Tensions 🛡️<\/h3>\n
Coriander (Revised Outlook): Bullish Reversal on Strong Stockist Buying ⬆️<\/h3>\n
Large Cardamom: Stability Expected, No Upward Trend ↔️<\/h3>\n
Cumin: Bearish Sentiment Prevails, Prices May Decline ⬇️<\/h3>\n
Fenugreek Seeds: No Upward Momentum Expected 📉<\/h3>\n