Spice Market Insights & Industry Updates

[vc_row][vc_column][vc_column_text]On August 5, 2024, global stock markets faced a significant downturn, with major indices across the world registering substantial losses. This market turbulence was influenced by several key factors, including heightened U.S....

[vc_row][vc_column][vc_column_text]The spice market is currently facing notable disruptions due to a delayed cardamom harvest, primarily affecting India's production. The delay is attributed to erratic weather patterns, including a late monsoon and inconsistent...

[vc_row][vc_column][vc_column_text]The spice industry is now experiencing a modern twist with the help of data analytics and artificial intelligence (AI). Companies in this sector are starting to use advanced technology to improve everything from predicting demand to...

[vc_row][vc_column][vc_column_text]Spices have played a crucial role in culinary traditions, medicine, and trade throughout history. Their value is often reflected in their prices, especially for those that are rare or require labor-intensive processes to cultivate...

[vc_row][vc_column][vc_column_text] Current Market Scenario The Indian onion market is currently experiencing a significant supply shortage. Several critical factors have contributed to this situation, leading to disruptions in the supply chain and affecting market...

[vc_row][vc_column][vc_column_text]Shipping lines are facing severe congestion, leading to significant disruptions in logistics. To manage this, they are temporarily stopping container bookings for US ports and skipping calls at major hubs like Colombo. MSC Agency...