INDIAN spice exports have shown a 29% increase in rupee value terms over the April to September period despite a decline of 19% in volumes. About 41,500 tonnes of turmeric valued at Rs4.5bn was exported against 28,500 tonnes valued at Rs3.9bn last year…READ MORE
INDIAN spice dealers are expecting a weak trend in the country’s turmeric prices due to reports of an increase in the planted area for the spice and higher arrivals on the spot market. During the week, turmeric spot prices at the Nizamabad market declined by Rs59 per quintal due to weak domestic offtake. Arrivals had […]
INDIA’S spices exports rose by 21% to Rs18.85bn ($433.2m) in the first quarter of the fiscal year due to better prices. Turmeric was shipped at Rs113.38 per kg versus Rs 129.34 per kg…READ MORE
INDIAN turmeric prices have weakened of late due to a lack of demand from both the domestic and export markets. May 2 , the Mumbai traders and analysts observed that turmeric spot values at the Nizamabad mandi had declined by Rs233 ($5.20) per quintal to Rs9,067 as buying interest waned…READ MORE
A NUMBER of key Indian spices are likely to face upward pricing pressure this year, but turmeric is expected to be subject to declines in the second quarter, The Mumbai traders and analysts recalled that in 2010 turmeric…READ MORE
INDIAN spice dealers have already forecast higher prices for a number of key spices in 2011 due to strong demand and, in certain instances, adverse weather as well. The current bullish trend in turmeric was also expected to continue in 2011 even though traders were unsure about the size of the forthcoming crop and turmeric […]