Cumin prices can strengthen only if there is a strong export demand

25-Jan-2025 12:49 PM

It seems that cumin prices are currently stable, and much of their future movement will depend on export demand, especially with the upcoming Ramadan season. The strong export performance so far this year has been beneficial in maintaining price stability, and if the demand continues to grow, particularly from markets with decreasing stock like Turkey, Iran, and Syria, prices could see a rise. However, domestically, with good stocks available and normal weather conditions, there doesn't seem to be much risk of price fluctuation unless there's a sudden surge in export orders. Do you think the demand from Ramadan will significantly impact cumin prices, or do you think the trend of stable prices will continue?