Market report week 22

Star Anise — Up

The star anise market remains firm due to limited production in Vietnam and China.

Lower export availability is supporting prices and generating high volatility, especially because of the strong concentration of origin for this product.

The trend is expected to remain bullish in the coming months.

Garlic — Down

The garlic market continues to face pressure due to oversupply from China and increasing inventories at origin.

European demand remains slow, and many buyers continue following short-term purchasing strategies, limiting any price recovery.

International logistical tensions may bring some volatility in the coming weeks, although the overall trend remains bearish for now.

Caraway — Down

Good availability in Eastern Europe and Asia is keeping the market comfortable and under downward pressure.

Industrial demand remains moderate, and buying activity is still insufficient to support prices in the short term.

Aniseed / Ground Anise — Down

Good regional harvests and lower industrial demand are supporting a comfortable market with sufficient availability.

Competition among exporters continues to pressure quotations, maintaining a bearish trend in the short term.

Cinnamon 5/0 — Up

Lower production in Sri Lanka and rising labor and energy costs continue to push prices upward.

Possible maritime logistical delays may create additional market tensions in the coming weeks.

Ground Cayenne — Down

High production levels in India and China continue to put downward pressure on the market.

Large available stocks among exporters and softer international demand are maintaining weak prices, except in the case of possible weather-related disruptions at origin.

Cloves — Down

Improved supply from Indonesia and Madagascar has reduced tension in the international market.

Slower consumption and lower speculative activity are favoring a stable scenario with slight downward pressure.

Cumin — Down

The cumin market continues correcting after the strong increases recorded in previous seasons.

Good harvests in India and Syria have significantly increased available supply, while international demand remains weaker.

Further short-term corrections cannot be ruled out.

Nutmeg — Up

Limited production in Indonesia and lower export availability continue to support the market.

Rising origin costs and the product’s sensitivity to climate-related issues are maintaining the bullish trend.

Black Pepper — Down

High supply from Vietnam and Brazil continues to pressure international prices.

Demand remains weak, and the market continues the correction phase following the high price levels reached in previous years.