Stock with us
Sales
Strong B2B network
40 years of market experience
Credible reports
Transparency
Efficient communication
Legacy family business
Strong goodwill
Why cumin?
Domestic demand in cumin will start from 15th July which will remain till Diwali Cumin is the most important item in spices, at least 9 months are left for the next new harvest season to start - In June, small spice grinders who do not have dryer machines to dry the spices, there will be a demand for cumin because they will grind spices for rain! Next year Ramadan is on March 10, 2024, the demand of Ramadan will come one month before from February 10, till the then new cumin will not come, the demand of Ramadan will be fulfilled only from old cumin!
Technicals
As you can see the price rally which has started at the end of November 2022. It is a record-breaking 94% return till May 2023. This is just in the span of five months. With the fibonacci retracement tool we observed that currently it is bouncing back from 0.382 level and ready to break the previous high at 500. We sit on a bullish stance viewing this commodity to hit 550-600 levels before diwali this year.
Key Triggers
Crop Shortage
No carryover stock, low supply
Domestic Demand
Festive seasons
Foreign Trade-Exports
Gulf Countries
How do we work?
Advisory call on the current market status
Pricing and Investment confirmation
Purchase Invoice generation
On the Sale side
Sell on confirmation
Margin report