<\/p>\n
\n Dear Client,<\/p>\n
Please find below the latest market intelligence for the Indian Spice sector as of
\n 29 September 2026.<\/p>\n
Turmeric and Coriander prices strengthened due to robust demand, while Watermelon Seeds saw a decline. Dry fruits remained stable amidst weak importer sales and retail off-take.<\/strong>\n <\/p>\n <\/p>\n Small Cardamom is currently experiencing increased new crop arrivals, leading to downward pressure on auction prices. Weak domestic retail off-take further contributes to the softening trend. While Guatemalan prices offer some support for Indian exports, ongoing geopolitical tensions in the Middle East significantly increase shipping risks and dampen overall export demand. This combination of rising supply and subdued demand suggests a bearish outlook with no long-term bullish movement expected.<\/p>\n<\/p><\/div>\n Large Cardamom faces a strong bearish outlook due to significantly higher production this year, especially from Nepal and Bhutan, combined with a complete lack of export demand. Nepal’s excellent crop quality and increased farmer selling, driven by attractive prices, are flooding the market. Domestic consumption in producing regions is limited, creating substantial supply pressure. Prices are anticipated to fall further, and traders are advised against bullish positions.<\/p>\n<\/p><\/div>\n Red Chilli prices are anticipated to remain stable over the next five to seven days, largely due to consistent selling by stockists. Guntur mandi reports stable arrivals and prices, maintaining equilibrium. However, weak export demand continues to influence overall market sentiment, preventing any significant upward movement. The near-term outlook is for continued stability.<\/p>\n<\/p><\/div>\n Turmeric is projected to maintain a strong market position over the coming week, driven by increased stockist buying at current price levels. Last week, prices saw a notable surge, recovering from earlier dips. Steady arrivals in key markets like Erode, coupled with robust stockist activity, are fueling this bullish trend. The active futures market also reflects this positive sentiment, indicating continued strength.<\/p>\n<\/p><\/div>\n Poppy Seeds are not expected to experience any price declines in the near future. Despite some softer price points, stockist selling remains steady. Geopolitical tensions, particularly the potential closure of the Hormuz Strait and Houthi protests in Bab-al-Mandeb, pose risks to imports, which could impact market sentiment. However, the overall outlook for the coming week suggests prices will hold firm with no anticipated drops.<\/p>\n<\/p><\/div>\n Coriander is not expected to exhibit any significant long-term bullish trends in the coming week. Despite a recent price increase driven by stockist selling at lower levels, market sentiment remains cautious. Steady arrivals in key mandis like Rajasthan’s Baran, alongside increased stockist activity, are influencing the market. The active futures market shows a jump, but the overall outlook suggests limited upside potential for the near future.<\/p>\n<\/p><\/div>\n Black Pepper is forecasted to maintain a stable trajectory over the next six to seven days. Despite recent price improvements, stockist selling activity remains consistent, contributing to market equilibrium. Arrivals and prices in the Kochi market have held firm. However, discussions around potentially increased imports from Sri Lanka could introduce a degree of uncertainty and influence future market sentiment, warranting careful observation.<\/p>\n<\/p><\/div>\n Cumin prices are expected to trade within a limited, sideways range over the next five to seven days. Steady stockist selling continues to influence the market. Recent reports from Unjha indicate increased arrivals and a slight dip in prices, contributing to a cautious sentiment. The active futures market has also seen a decline, reinforcing the expectation of restricted price movement and no significant bullish or bearish breakout.<\/p>\n<\/p><\/div>\n <\/p>\n📉 Green Cardamom: Bearish Outlook Ahead<\/h3>\n
🐻 Black Cardamom: Steep Decline Predicted<\/h3>\n
🌶️ Red Chilli: Market Stability Ahead<\/h3>\n
💪 Turmeric: Bullish Momentum Continues<\/h3>\n
🛡️ Poppy Seeds: Resilient Against Price Drops<\/h3>\n
📉 Coriander: Limited Upside Potential<\/h3>\n
⚖️ Black Pepper: Steady Market Anticipated<\/h3>\n
📊 Cumin: Sideways Trading Predicted<\/h3>\n