Slow buying helps drag cumin seed down

Syria claims to have only 2,000 to 3,000 tonnes of material left unsold. However, this figure is considered unreliable because the country was stating the same thing about six months ago. On November 14, Syrian cumin seed prices had fallen to around $2,350 a tonne c&f main…READ MORE

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Dollar strength helps push cumin lower

CUMIN seed prices have incurred further losses over recent weeks due to the combined effects of the strength of the US dollar against local currencies. Syrian cumin seed was seen holding levels of $3,500 a tonne cif, although some sources cited a decline in Syrian prices also…READ MORE

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Traders dismiss lower cumin seed quotes

Syria offers seen at $3,300 a tonne cif are for material with a 3% admixture and including some damaged seed from last year’s crop. The better quality cumin seed was being listed at $3,500 a tonne but exporters are very reluctant to sell at this level because they believe prices will increase further…READ MORE

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Cumin seed market feels lack of supplies

CUMIN seed prices have been prone to further increases over the last few weeks as the effects of this year’s smaller crops take effect. Syria have both had lower output this year, which is putting upward pressure on prices, even with the market in a seasonal slowdown on demand…READ MORE

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Traders speculate over cumin seed production

Heightened speculation in the cumin seed market of late, driven to a large extent by expectations for a much smaller Syrian crop this year. The most pessimistic forecasts have claimed that Syria’s 2008 output will amount to no more than 7,000 to 8,000 tonnes and other estimates have ranged from 10,000 tonnes to 15,000 tonnes. […]

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Syrian cumin seed reflects tight supplies

SYRIAN cumin seed prices have been prone to further upward pressure over recent weeks as the continued effects of tight supply grip the market. The next crops from Syria are not due for harvesting until around June to be followed…READ MORE

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