General Outlook

June 29, 2005

With new crops coming ahead in July / August the market is not reacting with a high demand. Most buyers are awaiting developments of prices in the coming weeks. As holiday periode of July starting we do not forsee much activity in the weeks to come.

Cumin somewhat firm but steady and it is hard to predict what new crop prices will do in August. However there is overcarry in cumin seeds both in Turkey as in Syria and with new crop quantity entering the market in July we do not forsee strong incrrease in price levels.

Turkish Anise seeds is quoting firmer levels each week. The domestic demand by the Turkish Raki producers ( An anise seed & grapes based spirit ) is high and this keeps the domestic market very firm. On these levels there is low demand from importers abroad for Turkish Anise seeds.

Oregano weak for the moment but in some ways somewhat to early to say what new crop will do in August / September. For the time being we do not forsee significant changes.


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Mondial Int'l Agency Ltd.