Iranian cumin seed exporters begin hoarding

IRANIAN cumin seed prices have increased over recent weeks as speculators adopted their traditional tactic of holding back material in an attempt to create an artificial shortage. Iranian produce at $1,900 a tonne cif compared with $1,850 a tonne cif a fortnight earlier…READ MORE

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Iranian cumin exporters start giving discounts

IRANIAN cumin seed exporters have begun lowering their prices over the last few weeks in an attempt to compete with material from rival producer. Iranian cumin seed at $1,850 a tonne compared with levels of around $1,925 a tonne a fortnight earlier…READ MORE

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Shortage fears rally cumin prices

GLOBAL cumin seed prices have risen further in recent weeks as a result of heightened speculation that crops in several key origins will be much smaller than previously anticipated. Iran’s 2004 crop will total 8,000 tonnes against last year’s 25,000 to 30,000 tonnes…READ MORE

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New crops to ease cumin prices

GLOBAL cumin seed prices look set to ease during the second half of the year when supplies of the new Iranian crop come on to the market. Iranian cumin seed as rallying to $1,550 a tonne cif from around $1,500 a tonne cif a fortnight earlier. However, this increase is seen as short lived because […]

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