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
- 5G spectrum auctions fetch ₹1.5 lakh crore – more than half of it comes from Reliance Jio
- India Hosts G20 Summit: The Key Takeaways From Day 1 Of G20 Summit | CNBC TV18
- Govt may defer Air India sale, reduce debt to sweeten the deal
- Unleashing potential: the vibrant landscape of innovation and entrepreneurship in India's tier 2 and tier 3 cities
