Iranian cumin seed companies change tack

IRANIAN cumin seed prices moved lower in the week to December 12 due to the combined effects of a strong US dollar against the local rial currency, and Iran’s recognition that it needed to improve its price competitiveness against…READ MORE

Read more

Slow buying helps drag cumin seed down

INTERNATIONAL cumin seed prices have been pushed sharply lower of late due to another strengthening in the US dollar, expectations of a sizeable Indian crop in February 2009 and slack overall consumption. Iran have claimed they are not concerned about the quantity of stocks remaining…READ MORE

Read more

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. Iranian cumin seed prices tumble even lower than the levels listed by others to $3,300 a tonne c&f…READ MORE

Read more

Traders dismiss lower cumin seed quotes

Iranian exporter told that after edging down late last month to $3,750 a tonne c&f from $3,850 a tonne, Iranian cumin seed for prompt shipment was maintaining the $3,750 a tonne level.  Iranian exporters are now asking for immediate payment rather than the previous terms of up to 30 days after the date of invoice…READ […]

Read more

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. Iran had lower output this year, which is putting upward pressure on prices, even with the market in a seasonal slowdown on demand…READ MORE

Read more

Traders speculate over cumin seed production

Iranian exporters have not been quoting prices of late because they fear that drought has destroyed as much as 60% of Iran’s forthcoming crop, which should be harvested in mid-June Iranian offers had been around $3,600 a tonne c&f…READ MORE

Read more