•CHILLI•
Harvesting will begin in February 2018. The bulk of the new crop will begin to enter the market no earlier than mid-March. In the states of Andhra Pradesh and Telangana, the acreage of chili fell by 35-45% compared to last year, and in the state of Karnataka by 40-50%. In some places, Chilean crops are affected by the invasion of whiteflies (dangerous quarantine pests of plants), but the extent of the damage is still unclear.
•TURMERIC•
The crop of turmeric, planted in the main producing areas 6-7 months ago, looks good. Sown areas fell by 12-15%, due to normal climatic conditions in August-October, and most importantly, a sufficient amount of water. The yield of turmeric in the crop of 2018 should be high. Delay with sowing campaigns in the states of Tamil Nadu and Karnataka, whether to additional problems in the turmeric market in 2018. The processing of a new crop began in mid-December. The first lots of turmeric will begin to enter the market in mid-January, but the main volumes will appear on the market not earlier than March-May 2018.
•CUMIN•
Cumin planted in Gujarat has grown by 50%. Traders expect an increase of at least 30% compared to the previous year. The delay of the sowing company for 10-15 days is a trace due to hot weather. The delay in the receipt of a new harvest of caraway on the market and traditional demand in February 2018 will push prices to new heights.
•CORIANDER•
According to unofficial sources, coriander crops in Gujarat declined by 17% compared to the previous year. Traders expect that the size of coriander harvest will fall by at least 30% compared to last year. The carryover balances for 2018 are 200 thousand tons, which is 43% higher than last year’s result. Current February – March.
•BLACK PEPPER•
The harvest of black pepper in India is in excellent condition, due to good climatic conditions. This year the yield can grow by 30% compared to last year.
Current prices
► Green bell pepper, prices for flakes 9×9 mm of green sweet pepper remained at $ 3,500 per ton.
► Tomato Flakes, prices for Chinese tomato flakes rose to $ 3,750 per ton (CIF Rotterdam).
► Dried Leek, the small amounts of dried leek remnants in Poland and other Eastern European countries, combined with unfavorable weather conditions, led to an increase in the prices of green / white leek flakes, which are now at $ 4,500 per ton (CIF Rotterdam) .
► Basil and marjoram, prices for basil and marjoram from Egypt remain stable at $ 2,000 per tonne and $ 2,200 per ton (CIF Rotterdam), respectively.
► Oregano, at 100% pure oregano, oregano prices are rising due to low stocks. Prices for Turkish oregano leaves increased by 14% and reached $ 4,000 per ton (CIF Rotterdam). Since the new oregano harvest will appear on the market not earlier than July, we should expect further price growth in the next six months.
►Salfey, the market of sage remains stable. Prices do not exceed $ 4,600 per ton (CIF Rotterdam). Harvesting of the new harvest will begin in August.
► Chabrets, laurel and rosemary, there are reports that thyme is becoming increasingly scarce, while prices for laurel and rosemary are likely to remain unchanged until the arrival of a new crop.
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