Tag: cumin price rally
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India: Cumin prices rise nearly 10% as futures rally and benchmark strengthens
Spot prices rise 10% despite a 27.1% increase in arrivals November futures indicate fresh long buildup as open interest doubles India’s cumin market strengthened in the week ended 9 October, with spot, benchmark and futures prices rising nearly 9-10% despite higher arrivals. The BigMint ex-Unjha benchmark increased 9.3% w-o-w to INR 25,010/quintal (qtl) from INR…