Nutmeg prices in India remain stable

Nutmeg prices in India are not rising much because there is enough supply and buyers are not buying in large amounts. Organic whole nutmeg without shell is priced at 12.8 EUR/kg FOB New Delhi, and conventional whole nutmeg without shell is at 6.8 EUR/kg FOB New Delhi.

Prices have stayed mostly the same in recent weeks. Stock levels in key areas like New Delhi and Kerala are comfortable, and buyers are only interested in short-term needs, not long-term purchases.