Primus In News
Cumin prices firm up despite robust production
27-06-2024
Ramakrishnan M, Managing Director, Primus Partners, shares his view on volatility in India's cumin production, ranging from 5.5 to 9 lakh metric tonnes annually. Prices have varied widely between Rs 125/kg and around Rs 600/kg over the past six years due to minimal government control. He noted that traditional market players can influence prices by withholding stocks. Cumin prices typically start low post-harvest (March to May) and rise until Diwali, peaking around September/October before declining. He expects a similar price trend this year, potentially reaching last year's highs. Read now!
Explore Related Insights
- Three-wheeler market may keep chugging in FY26 with 6-8% sales growth
- Frontier Markets’ Largest Women Empowerment Programme ‘She-Leads Bharat’ to Invest in 1MN Rural Women and 100MN Households of India
- Bharat Ek Vishwa Guru: Third Edition To Be Held At Business School JBIMS
- 80% of Indian SMBs rely on online advertising; 76% find more effective than traditional methods: Report
