The ones who burned their warehouses historically would be the Dutch, and the prices certainly did decrease.
Spices were really only the main drive behind the India trade in its infancy, when Portugal had a veritable monopoly. Inside Asia (where a lot of the money was actually made for the Europeans) cloth was always in much higher demand, so much so that the Portuguese and everyone else had to first buy cloth in India to then trade it for spices in the East Indies.
Soon enough the Europeans discovered that said cloth was actually far more profitable to bring to Europe as well and that there was only so much room for people to compete with spices. They remained an import from the east throughout the era (and sometimes the source of conflict such as during the nutmeg war, which is around the time id say this "event triggered" historically) but it was only very early on that they could make you as rich as the Portuguese managed.
Now this is not to say that spices became worthless but it's really not in the game either, it's pretty solidly mid tier (yes, unlike cloth which starts mid tier and then moves past the starting high tier, which is linked both to the history of the India trade and the actual birth of commercialism and industrialization over in Europe, it is _the_ trade good in this era).
All that said, if you want to suggest more pricing events I would love to hear it. I think it's great you took this much time to analyze and write something up for this event and I think there is room to add more price events in general
And I also think we could reasonably remove the ottomans from this equation.
Spices were really only the main drive behind the India trade in its infancy, when Portugal had a veritable monopoly. Inside Asia (where a lot of the money was actually made for the Europeans) cloth was always in much higher demand, so much so that the Portuguese and everyone else had to first buy cloth in India to then trade it for spices in the East Indies.
Soon enough the Europeans discovered that said cloth was actually far more profitable to bring to Europe as well and that there was only so much room for people to compete with spices. They remained an import from the east throughout the era (and sometimes the source of conflict such as during the nutmeg war, which is around the time id say this "event triggered" historically) but it was only very early on that they could make you as rich as the Portuguese managed.
Now this is not to say that spices became worthless but it's really not in the game either, it's pretty solidly mid tier (yes, unlike cloth which starts mid tier and then moves past the starting high tier, which is linked both to the history of the India trade and the actual birth of commercialism and industrialization over in Europe, it is _the_ trade good in this era).
All that said, if you want to suggest more pricing events I would love to hear it. I think it's great you took this much time to analyze and write something up for this event and I think there is room to add more price events in general
And I also think we could reasonably remove the ottomans from this equation.