INDIAN turmeric futures rose on Thursday due to tightening supplies, strong festival demand and after the Spices Board said exports rose by 25% in August India’s turmeric output in 2009/10 is likely to increase as area under the spice expanded and August rains ensured yields would be near normal despite erratic rains in June to […]
India exported 34,025 tonnes of spices in the month, a 3.5% increase from 32,880 tonnes a year before. Foreign sales of turmeric for the five-month period were 25,500 tonnes against 24,875 tonnes a year before, although the value halved…READ MORE
INDIAN turmeric prices have shown the expected upward trend of late due to declining stocks, and an anticipated pick up in buying is seen lending further support over coming weeks. The cash market in Nizamabad had slipped Rs37 per 100kg to end at less than Rs8,000 per 100kg…READ MORE
INDIAN spice exports were 4% up in volume this July at 40,625 tonnes from 38,975 tonnes in July 2008, but overall sales for the season are still lagging behind those of a year ago. Exports of turmeric maintained the 21,000 tonnes achieved in the first four months of the 2008/09 season but value escalated by […]