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Market report week 31

The global spice market continues to show mixed trends during Week 31. While products such as onion, pink pepper, green pepper and vanilla remain on an upward trend due to tighter availability, ground cayenne pepper and oleoresin continue to face slight downward pressure as a result of moderate international demand.

Ground Cayenne Pepper — Down

The Chinese ground cayenne pepper market remains slightly bearish, supported by balanced supply conditions and comfortable availability at origin.

International purchasing activity remains moderate, limiting any potential price recovery in the short term.

Ground Cayenne Pepper

Onion — Up

The Indian onion market remains firm, driven by lower export availability and tighter-than-usual harvest conditions.

Production costs continue to rise due to higher energy and transportation expenses, as well as increasing labour costs at origin.

In addition, less favourable weather conditions during the growing season have reduced crop yields and increased the product’s unit cost.

Market developments over the coming months will largely depend on demand levels.

Onion

Oleoresin — Down

International buying activity remains subdued, making any short-term price recovery unlikely.

However, occasional price adjustments driven by changes in production costs cannot be ruled out.

Oleoresin

Pink Pepper — Up

The pink pepper market continues its upward trend, supported by tighter availability at origin.

As production is concentrated in only a few geographical areas, any change in supply has a direct impact on prices, increasing market volatility.

Prices are expected to remain firm in the short and medium term.

Pink Pepper

Green Pepper — Up

The green pepper market remains strong, supported by tighter supply and healthy international demand.

Its harvesting and preservation process, which is more delicate than that of other pepper varieties, is particularly sensitive to rising energy and freight costs.

This strength is expected to continue over the coming weeks unless there are significant changes in supply at origin.

Green Pepper

Vanilla — Up

The vanilla market remains on an upward trend due to limited export availability.

Because production is concentrated in just a few growing regions, any disruption at origin has an immediate impact on prices, resulting in greater volatility than in most other spices.

The market should be monitored closely over the coming weeks.

Vanilla

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