Vietnam is reporting that 2/3 of the pepper has been exported and most of the rest is spoken for Lampong does not even know where to price new crop
US buyers are staying away from Syrian anise so Turkish anise is getting a big premium… the new crop is limited and the war will not end soon..!
We feel there is some potential of higher prices on Mediterranean Oregano.. Down side risk is only if the exchange rate goes down further…
Indian chili market opened at higher levels. Local activity has generated enough steam to push all varieties up. Do not get caught short.
Indian dill seed crop is short this year and market is developing strength to push higher. Coverage for the next 10 months is recommended.
Turmeric market started strong and kept going up until NOW when we see a softness in the mkt giving us a chance to cover. So let’s cover…
Allspice trading started little early as hail storm damaged some of the flowering trees indicating new crop may be less. Let us know your needs.
Black and white pepper was expected to go up but not this fast. Buckle up the worst is yet to come. And fundamentals are there to justify..!
Just when we thought Turkish oregano was moving along fine we hear reports of some growing issues but they did not reflect on the prices yet.