The spice market has recently set off a wave of fluctuations, and the rise and fall of various spice varieties has become a hot topic in the industry. We focus on popular varieties such as pepper, cumin and bay leaf, dig deep into the root causes of their volatility, and gain insight into the changes in the market.
Pepper: Vietnam's origin is upside down** causing the market to be in short supply
Recently, the attention of merchants to pepper has increased significantly, and **is also continuing in continuous transactions**. Specifically, at this stage, the white pepper Malaysia unified goods ** are at 382-39 yuan or so, while Hainan hand-selected goods reached 42-43 yuan, and high-quality goods reached 408-41.5 yuan, 40 for extra white goods2-40.8 yuan, 39 for Vietnamese goods2-39.5 yuan, peeled pepper 385-39.2 yuan, 39 yuan in Indonesia3-39.8 yuan, black pepper 528 goods 265-27 yuan, black pepper six taels of goods 265-27.3 yuan, Cambodian large particles 268-27.$5.
Data**: Find Spice Network".
Pepper has been on the rise since the beginning of the year, mainly due to the fact that Vietnam's production area has shown an inversion with the domestic market since the beginning of the year**. Since the beginning of the eighth month, Vietnam's origin has risen every time, customers in the secondary market are scrambling to buy, and the existing market is in short supply, resulting in pepper ** all the way up. This kind of inversion** was relatively rare in the past, and the tight supply in the market has promoted the rapid growth of pepper**.
Cumin: **The arrival is less than expected, and the wait-and-see attitude of the market continues
Cumin has recently performed slightly**, with a slight decline in trading volumes. However, recently, the domestic market of Indian origin is not much, which has aroused the attention of merchants, and it is also being raised. At present, the price of imported goods in Yulin spice market is 385-40 yuan, while the ** of domestic goods is 405-41.3 yuan, the merchants in the market were affected, and the reluctance to sell was further strengthened.
Data**: Find Spice Network".
The recent fluctuation of cumin is mainly due to the arrival of 28 and 30 pieces. Years ago, many merchants took a wait-and-see attitude and did not dare to start. However, the increase in market activity after the beginning of the year, coupled with the heavy snowfall in Xinjiang and the freezing weather in the north, made it difficult for Xinjiang cumin to pass the transportation difficulties, which in turn promoted the rapid development of cumin.
Xiangye: Geopolitical factors and delivery delays are driving together**
The reasons for the recent price increase of bay leaves are also quite complex. First of all, early last year, the Red Sea Houthi rebels attacked passing merchant ships, causing merchant ships from Georgia and Turkey to have to detour through the Cape of Good Hope in Africa to pass through China, greatly delaying the delivery time of goods and increasing transportation costs. Secondly, the window period of bay leaves is relatively long, the market supply is in short supply, and the acceleration of the secondary market is also one of the reasons for the continuation of bay leaves.
Data**: Find Spice Network".
Now the price of imported goods in Yulin spice market is 39-40 yuan, and the special green goods are 425-44 yuan, choose green goods 43-45 yuan. At present, the market is more optimistic about bay leaves, coupled with the slow arrival of goods and the shortage of supply, the future may continue.
The fluctuations of these three varieties are not only affected by domestic market factors, but also intertwined with international politics, climate and other factors. With the continuous evolution of the market, all parties in the industry will need to have a more keen insight into market trends, combined with accurate judgment of various influencing factors, in order to grasp opportunities and avoid risks in the magnificent spice market. I hope that all readers can ride the wind and waves, ride the waves and move forward on the journey of the spice market, and capture more business opportunities. It is expected that in the future, the spice market will present more abundant investment opportunities.