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Key Takeaway
- Market Price Driving Factors: The price of Nutmeg (With Shell) – Cochin is influenced by domestic production, seasonal arrivals, crop conditions, and the availability of quality nutmeg. Key demand drivers include domestic consumption, spice-processing requirements, essential-oil and oleoresin industries, export demand, and buying activity from traders and processors. Quality parameters such as nut size, shell condition, kernel-to-shell ratio, moisture content, colour, cleanliness, aroma and overall quality can create price differentials. Weather conditions, farmer selling patterns, inventory levels, stock availability, international nutmeg prices, supply from major producing origins, transportation costs and currency movements can further influence market sentiment and contribute to price volatility.
About This Dataset
Nutmeg (With Shell) – Cochin refers to whole nutmeg traded with its outer shell intact in the Cochin market of Kerala. The product is used as a spice and flavouring ingredient, with the kernel and mace being important commercial components. The quoted value represents the monthly average domestic market price in ₹/kg and provides an indicative benchmark for shelled nutmeg prices in the Cochin market.
Methodology
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