22 JULY, 2017

” Market Report “

Re. Cumin seeds

Heavy demands are coming  specially from Asia &Latin America  ,but there  is still a lack in local offers cause as we informed you in our previous report that: crop is considered bigger than last year but reality shows it’s not as much as anticipated “.and  the  local traders are holding goods cause their speculating increased in cumin. Anyway ;till this moment the Syrian cumin is still the cheapest source  of cumin universally, also we should take into consideration the  affection of  the increase of Indian cumin price recently.

Major Roads are stable  in general  ; but still  the problem of electricity shortage; all ports are working fine, and containers are exported smoothly but the freight rates  to all destinations had increased significantly .

The government regulations of no change, and the volatile  of local currency is less than before .

Re. Anise seeds :

The crop is less than last year  and the stocks of last crop is very limited which led to sharp increase in prices,and now it’s stable, Demands are coming from Arabic countries , Europe and Latin America , Moreover,  the local traders have bought their goods  in high price and it’s not likely they will reduce the price in the near future time .

 

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. Nigella seeds  :

Market is slow, price is stable at low level , some demand is coming from Europe and Arabic countries, .

Re. Laurel leaves :

New crop is good  this year , offers are available with competitive price  , demands are increasing specially from Arabic  countries & Asia  .

Price is available on demands .

Re. Almond :  

​Available on demands.