Nuts, Spices, & Coffee News Today

Teja (S-17) ranges from Rs. 120-190/kg, with deluxe grades fetching up to Rs. 205/kg. The 341 variety ranges from Rs. 90-130/kg, with premium lots reaching Rs. 145/kg. Cumin may witness a slight to moderate increase in the next couple of days.

Almond prices for NP 27-30 count sizes are selling at Rs. 530-535/kg. Between June 2022 and May 2023, only around 31,000 acres of almond trees were planted, indicating a significant decline. This trend highlights the growing unsustainability of Californian farmers to cultivate almonds.

Coffee grade price at Chennai Port: Robusta G1 (18-16) is priced at 3970 USD/ton Robusta G2 (16-14) at a cost of 3870 USD/ton Arabica coffee is priced at 5197 USD per ton In Wayanad, there was a sudden drop in Robusta coffee prices.

In Guna, the coriander market is currently experiencing a notable uptick of around Rs.100-200. The Badami variety is priced at Rs. 6600-6800/quintal, eagle variety commands a price range of Rs. 7000-7200/quintal and scooter at Rs. 7500-7800/quintal.

Teja (S-17) prices range from Rs. 120-190/kg, with deluxe grades at around Rs. 205/kg. Syngenta Byadgi (5531) ranges between Rs. 90-130/kg. The possibility of a decline in current black pepper prices is unlikely.

The prices of various coffee grades at Chennai Port: Robusta G1 (18-16) is priced at 4088 USD/ton Robusta G2 (16-14) at 3927 USD/ton Arabica coffee is priced at 5145 USD/ton A lack of pre-monsoon showers will likely reduce the yield of Indian coffee.

Jeera prices surge due to robust global demand and active purchasing by stockists. The spice's rising export demand drives this bullish market sentiment, creating a favorable environment for producers and traders.

Despite a global increase in almond consumption, Indian almond producers risk a fifth consecutive loss due to persistent pricing challenges, insufficient government support, and unstable climatic conditions.

Pre-monsoon rainfall deficits could negatively impact India's 2024-25 coffee yield says USDA. Anticipated output dips contrast with a firm export demand and domestic consumption growth. Growers fear prolonged dry spells and high temperatures may exacerbate effects.

Cocoa prices in India are declining, following international trends. The Central Arecanut and Cocoa Marketing and Processing Cooperative (Campco) Ltd is now offering ₹250-275 per kg for wet cocoa beans and ₹800-850 for dry.