Lack of uptrend in cumin due to weak Chinese demand

06-Jun-2025 08:01 PM

Rajkot. Earlier it was speculated that Chinese importers were waiting for Indian cumin prices to soften. Now, with the arrival of the new cumin crop in India and a corresponding drop in prices, expectations had risen for a pickup in demand. However, Chinese buying interest has remained weak.

Meanwhile, new cumin stocks are also about to arrive in Turkey, Syria, Iran, and Afghanistan, raising concerns among Indian exporters.

Although cumin from these countries is generally of lower quality compared to Indian cumin, it is priced more competitively, attracting global buyers, including China.

With these new stocks hitting the market, India faces increasing competition in the global cumin export segment. Furthermore, China's own cumin crop is expected to arrive next month, further reducing the likelihood of Chinese activity in the Indian market.

In Gujarat’s Unjha Mandi, the daily arrival of cumin is around 10,000 to 12,000 bags. Due to weak demand, business remains sluggish and prices continue to soften.

In recent days, a downward trend in prices has been noted. Traders, dealers, and exporters have shown little interest in purchasing cumin, adding to concerns among both producers and traders.

While there is little chance of a significant price rise in the near future, it is worth noting that cumin production in China may decrease slightly, which could potentially affect the market balance later.