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Market Intelligence

Spice Market
Insights

Price trends, seasonal guides, and trade intelligence — updated regularly by our sourcing team.

April 2026

Current Price Trends

Indicative prices. Contact for confirmed quotes.

Black Pepper

Kerala
+4.2%

₹560–580/kg

Tight supply from Vietnam harvest delays. Kerala rates firming.

Green Cardamom

Kerala
0.0%

₹1,800–2,100/kg

Market stable post-auction. 8mm bold grade in good supply.

Cassia

Vietnam
-2.8%

$2,200–2,400/MT

New season arrival from Vietnam easing prices slightly.

Star Anise

Vietnam
+6.5%

$4,800–5,200/MT

Reduced harvest estimates pushing rates higher.

Nutmeg

Indonesia
+0.5%

$3,800–4,200/MT

ABCD grade well supplied. Sound grade at slight premium.

Cloves

Indonesia
+3.1%

$8,500–9,000/MT

Dry weather in Maluku affecting next crop estimates.

Disclaimer: Prices are indicative based on our sourcing intelligence as of April 2026. Actual rates depend on grade, quantity, and trade terms. Contact us for a confirmed quote.

Trade Intelligence

Market Briefs

Market UpdateMarch 2026

Vietnam Cassia Season: What Buyers Should Know

The 2025–26 Vietnam cassia harvest is approaching conclusion. Grade AA supply tightening while Grade B remains available in volume. We recommend securing Q2 requirements now.

Origin ReportFebruary 2026

Kerala Pepper Market: Post-Harvest Analysis

The 2025 Kerala pepper harvest came in below estimates due to erratic monsoon distribution. Expect firm pricing through H1 2026. Vietnam supply partially offsetting.

Trade InsightJanuary 2026

EU Pesticide Regulations: Impact on Spice Imports

Updated EU MRL regulations effective from March 2026 will affect imported pepper and cardamom. Buyers need to ensure supplier compliance. Merchantora lots tested accordingly.

Season GuideDecember 2025

2026 Spice Harvest Calendar: Plan Your Procurement

A forward look at key harvest windows across India, Vietnam, and Indonesia — and what this means for pricing and availability in the coming year.

Harvest Calendar

Seasonal
Availability Guide

SpicePeak HarvestAvailabilityOrigin
Black PepperJan–MarYear-roundKerala / Vietnam
CardamomAug–NovYear-roundKerala
CassiaOct–DecYear-roundVietnam
Star AniseSep–NovYear-roundVietnam
NutmegJun–AugYear-roundIndonesia
ClovesJul–SepYear-roundIndonesia
Dry GingerDec–FebYear-roundIndia
Red ChilliFeb–AprYear-roundIndia

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