Cumin seed values reflect overall squeeze

Iranian cumin seed of maximum 1% admixture at $2,400 a tonne c&f for shipment by the end of September and another consignment for shipment at the end of October at $2,450 a tonne c&f. Based on the current market prospects and favourable rains over the major growing areas, the 2010 cumin crop is expected to […]

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Sowing the seeds of a market revival

Iran is seen as on track for a crop of between 8,000 and 10,000 tonnes. Iranian exporters have resisted discounting their offers because they are convinced their product is of an extremely high quality. Iran was at $2,400 a tonne c&f…READ MORE

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Cumin seed advances belie fundamentals

INTERNATIONAL cumin seed prices have remained prone to increases due to market speculation and minimal overall availability in the run up to the next set of crops, which have overshadowed the underlying bearishness of subdued demand. At the moment the growing conditions in Iran have been no problems…READ MORE

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Pressure builds for surge in cumin values

CUMIN seed prices are expected to be prone to upward pressure over the coming weeks as buyers are likely to need further cover in a market where supplies are dwindling. Recent snow and rains in Iran were at this stage perceived as being good for the country’s cumin seed crop…READ MORE

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Fresh cumin enters market

Iranian crop, growers are hoping for rain until the end of March and then a dry period throughout April to ensure good conditions for the coming harvest. Iranian cumin is at $2,600 a tonne c&f…READ MORE

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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

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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

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

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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 […]

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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. 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

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