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Market notes
India chile crop down. 2026 output fell about 40%. Cold-storage stocks are 40–50% below last year. Cumin is up about 15% in two weeks. Indian chiles and cumin expected firm into 2027. (Indian crop report, Oct 12, 2026)
China garlic crop down. Traders report China’s 2026 harvest about 30% smaller than last year. Prices are firmer than a year ago. Argentina’s new crop is the next thing to watch. (Garlic trade report, Oct 20, 2026)
Vietnam cinnamon season closed. The autumn cinnamon and star anise harvest is finished. Next crop April 2027. Exporters expect higher prices. (Exporter notice, Oct 29, 2026)
Rupee near a record low. The Indian rupee closed at 95.26 to the dollar on Oct 29, close to its May record of 96.97. A weak rupee lowers the dollar cost of Indian spices. (Business Recorder, Oct 29; BusinessToday, Oct 8, 2026)
Freight easing. Shanghai–Los Angeles down 6% to $7,514 per 40-ft container. Drewry expects transpacific rates to keep falling. (Drewry World Container Index, Oct 29, 2026)
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