24,SEPTEMBER,2018
“MARKET REPORT”
Re. Cumin seeds
The market is settling down, Demand is coming, even, not at the same pressure of the last two months, offers are less than before for good quality, while for lower quality is available at lower prices;
Prices are leveled at lower price than last month, but higher than the beginning of the crop, fluctuating is there but in narrow channel, no much room for down trend, most of stocks now are cleaned and ready for shipment, no left quantities in the hands of the farmers, school has started and farmers needed to liquidate their cumin before beginning of Sept, which left them empty handed in general,
Internationally Firm messages are coming of less quantities available in India and Turkey, India is recovering from recent floods and preparing for new cultivation seasons, Turkish news of less quantities, confirm the damage crop there, so we recommend confirmation with samples, carry over from Last crop was limited and the color of last year crop was better, exchange rates are affecting prices of all origins, Customers continue buying even with their stocks which is not at high levels, because of prices, and issues of colors and financials,
Locally Roads are less disturbed by war, and expected to be easier, and government export regulations with no change, news of supporting exporters, and Syrian pound still strong relatively, all ports are working fine.
Re. Anise seeds :
Market is stable, As demand is there and offers are available but coming in slow pace,
the carry over was relatively small,
Offers are coming with different prices, as it’s of the same scenario of cumin crop, but less differentiation in colors,
Price continues to be a moderate level, and cheaper than Turkish Anise crop,
Less quantities are available, as a lot of quantities were shipped mainly to Turkey, Arabic countries, and Europe,
Turkish Anise crop has been damaged this year, it’s believed to be smaller than last year, Spanish crop also was damaged, and prices of both origins has shoot up,
Roads are less disturbed by war, and expected to be easier, and government export regulations with no change, news of supporting exporters, and Syrian pound still strong relatively, all ports are working fine.
Re. Coriander seeds:
Market is stable after easiness, demands are from local market, and carry over is there, but at higher prices, and the new crop is very small, and most available quantity from old crop, effected by local speculation and the news of the new crop,
International market is weaker even less quantity available in eastern Europe, and easier prices from India, after depreciation of their currency against U.S. currency.
RE. Nigella seeds :
Market recovered after last decrease, and we have seen short rally, demands are strong locally, as it’s cheaper prices, and local speculators have a strong appetite for this product, new crop wss very small, Prices from Syria is not cheaper, relatively to other origins.
Re. Caraway :
Market is firm, after a short down trend brought the price for attractive price,
Carry over is there too, demand and offers are there.
Laurel leaves, and other herbs are available on demands.