
17 OCTOBER,2017
“MARKET REPORT”
Re.Cumin seeds ,.
Although the demands are lower due to decrease in the price of the Indian cumin seeds , but its price in the domestic market did not go down , which is a clear indication that the available quantities are very limited . facing difficulties in obtaining good quality cause part of crop was affected by rain .
Costs have increased due to government striving to collect taxes and duties regularly and more systematically than before .
The areas of cumin cultivation became more quiet with less clashes but in a state of anticipation of war situation .
Some Roads are not stable and some roads have stopped due to the recent conflict which caused holding shipments from the origin . Also the problem of electricity shortage in addition to the increase of energy costs ; all ports are working fine, and containers are exported smoothly but the freight rates to all destinations have increased significantly .
The government regulations of no change, the Syrian currency is stronger which led to increase in prices in Syria .
Re.Anise seeds ,.
The limited available quantities are in strong hand now ,who are not willing to sell in low price as the price difference between the Turkish and Syrian anise is around $1500 there is no expectation of decreasing in the price .
Re.Nigella seeds ,
Market is weak ,offers available no increase in price , but it is supported by the improvement of the Syrian currency .
Re. Coriander seeds,.
Market is slow, new crop is small and a lot quantities have been shipped , the local traders who got the goods in cheaper price before are holding the cargo now which led to increase in the price, and coriander now is in strong hands .
Re. Laurel leaves ,.
New crop is good this year , offers are available with competitive price , demands are increasing specially from Arabic countries & Asia .
Re. Almond ,.
Available on demands.
Re. Nigerian Ginger ,.
We are pleased to inform you that our sister company Burj Commodities Trading located in Dubai is supplying very good quality at very good prices of Nigerian Ginger old / new crop, if you are interested you can contact Mr. Ali or you can send it directly to the below email.,