We publish today an extensive analisis about Cumin seed market for 2008-2009 elaborated by AnandRathi Commodities.
According the report the total harvest is expected to be at around 180,000 tons with some improvement in Turkish and Syrian crops to 10 Kton and 30Kton respectively. This situation may definitively  start  a downtrend in prices which have been above U$ 2,000 a ton since the middle of 2004.
During the period 2007-08 India reported a record cumin exports with major importer being UAE. The rise in import numbers UAE was actually a strategy of Indian exporters that pilled up their stocks in middle east countries to benefit from the price rise due to failure of international crop (Syria).
Read the complete report by clicking here...