Customer Logins
Obtain the data you need to make the most informed decisions by accessing our extensive portfolio of information, analytics, and expertise. Sign in to the product or service center of your choice.
Customer Logins
BLOG
Aug 05, 2020
Article: Rise in Indian cumin seed price
The Indian cumin seed fob spot price was INR14,575 per quintal (USD194.5/quintal) on July 31 at Jodhpur market (Rajasthan, North East), 4.2% more than on June 30. Meanwhile, the price closed at INR14,050/quintal on July 17, 1.8% more than on June 30.
Consumption is gradually recovering, although it remains weak.
Indian cumin seed exports reached 58,380 tonnes, worth USD118.0 million, from January-April 2020, 10.7%% less year-on-year in volume and 19.2% less in value, according to the Indian government. China regained its traditional role as the main importer of whole product, taking 29.6% of the total.
Updated daily futures market prices on India's National Commodity & Derivatives Exchange were:
- Deliveries in July closed at INR14,175/quintal on July 20, 3.2% more than on June 22.
- INR14,115/quintal for deliveries in August on July 31, 2.7% more than on June 30.
- INR14,050/quintal for deliveries in September on July 31, 1.6% more.
- INR14,185/quintal for deliveries in October on July 31, 1.9% more.
- INR14,320/quintal for deliveries in November on July 3, 3.6% more than on July.
View more articles
This article was published by S&P Global Commodity Insights and not by S&P Global Ratings, which is a separately managed division of S&P Global.
{"items" : [
{"name":"share","enabled":true,"desc":"<strong>Share</strong>","mobdesc":"Share","options":[ {"name":"facebook","url":"https://www.facebook.com/sharer.php?u=http%3a%2f%2fqa.www.spglobal.com%2fcommodityinsights%2fen%2fci%2fresearch-analysis%2frise-in-indian-cumin-seed-price.html","enabled":true},{"name":"twitter","url":"https://twitter.com/intent/tweet?url=http%3a%2f%2fqa.www.spglobal.com%2fcommodityinsights%2fen%2fci%2fresearch-analysis%2frise-in-indian-cumin-seed-price.html&text=Article%3a+Rise+in+Indian+cumin+seed+price+%7c+S%26P+Global+","enabled":true},{"name":"linkedin","url":"https://www.linkedin.com/sharing/share-offsite/?url=http%3a%2f%2fqa.www.spglobal.com%2fcommodityinsights%2fen%2fci%2fresearch-analysis%2frise-in-indian-cumin-seed-price.html","enabled":true},{"name":"email","url":"?subject=Article: Rise in Indian cumin seed price | S&P Global &body=http%3a%2f%2fqa.www.spglobal.com%2fcommodityinsights%2fen%2fci%2fresearch-analysis%2frise-in-indian-cumin-seed-price.html","enabled":true},{"name":"whatsapp","url":"https://api.whatsapp.com/send?text=Article%3a+Rise+in+Indian+cumin+seed+price+%7c+S%26P+Global+ http%3a%2f%2fqa.www.spglobal.com%2fcommodityinsights%2fen%2fci%2fresearch-analysis%2frise-in-indian-cumin-seed-price.html","enabled":true}]}, {"name":"rtt","enabled":true,"mobdesc":"Top"}
]}