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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Cumin market hits major lull in activity

THE cumin trade is currently stagnant, with little business reported and not much happening to alter the price. The Syrian crop came in at historically normal levels. It may be the case that the reason the market is so flat is that, ultimately, the crop was unchanged…READ MORE

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Cumin seed firmness belies stock situation

A shorter than expected cumin crop from Syria, which had been anticipating a bumper harvest, meant that prices began to rise as the harvest started, and reports of speculators stocking up widely circulated. However, despite serious losses in Syria due to heavy late rain and some warnings at the time, it seems that there was […]

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Syria keeps demanding more for its cumin

SYRIAN cumin seed prices have been subjected to further increases over recent weeks as the ongoing effect of this year’s rain-damaged crop takes hold. The 2007 Syrian crop was badly hit by rains and large areas of land under cumin cultivation were flooded. Seeds that escaped the rains  good quality, green material  are scarce and […]

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Syrian cumin prices stay high as damage is assessed

STEEP price increases are being recorded for cumin seed, following the effective failure of the crucial Syrian crop. Syria’s new crop, only 10,000 tonnes are in good condition. The rest of the crop has been damaged by the wet weather and is black and mouldy…READ MORE

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Cumin prices ease but market remains bullish

CUMIN seed prices eased slightly recently and traders said prices could decrease further although longer-term the outlook is more bullish. Syrian cumin seed prices dropped to $2,800 a tonne on a cif basis compared with $2,750 the previous week…READ MORE

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Speculation worsens Syrian cumin troubles

SYRIAN cumin seed prices have been subjected to renewed upward pressure in recent weeks due to shortage fears and increased speculation. Syria as on track for a massive crop of between 60,000 and 80,000 tonnes  well ahead of its usual average of 20,000 to 25,000 tonnes, although a peak of 110,000 tonnes was recorded three […]

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