Market Report – Week 43

Garlic, origin China — Up

Stocks from the previous crop reached their lowest levels in recent years, which has continued to support prices for dehydrated garlic.

We believe this situation may normalise if production from the new crop is higher.

For the time being, the market remains slightly bullish and we will continue to monitor short-term market movements.

Anise — Up

As mentioned in our previous report, the current Spanish anise crop remains firm in terms of prices.

With the harvesting season (July-August) already completed, availability is now limited to this year’s crop.

Cardamom — Down

Greater product availability at origin and the arrival of the new Guatemalan crop are slightly easing prices from their recent highs.

Market fundamentals remain firm, so we will continue to monitor short-term movements.

Turmeric, origin India — Up

Delays in sowing and crop development caused by late monsoon rains are postponing the arrival of the new crop.

With carry-over stocks from the previous crop lower than last year, the market remains firm.

We confirm a significant price increase and will closely monitor the arrival of the new crop to see whether prices moderate in the medium term.

Fenugreek, origin India — Up

Most of this season’s crop has already been marketed and available stocks are limited.

New sowing will not begin until the end of October, while weather uncertainty continues to support prices.

We will monitor the start of the new crop closely.

Bird’s eye chilli — Down

Availability at origin remains comfortable and export demand continues to be subdued, with buyers taking a more cautious approach due to stricter quality controls at destination.

This is gradually easing prices.

Hot capsicum oleoresin, origin India — Up

The availability of EU-compliant quality raw material is limited.

Raw material production for the 2025-26 crop in southern India has been significantly lower than the previous year, which is putting upward pressure on oleoresin prices.