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 […]
INDIA’S spices exports were 4% up in volume this July at 40,625 tonnes from 38,975 tonnes in July 2008 and 4% lower in value at Rs4.6bn ($93.7m) against Rs4.8bn in the same month a year ago, but overall sales for the season are still lagging behind those of a year ago. Exports of turmeric maintained […]
INDIAN turmeric prices are likely to surge by 25% in the second half of 2009 on thin stocks, festive demand, escalating exports and a low crop arising from inadequate rains. India exported a record 52,500 tonnes of turmeric in 2008/09, while in the first two months of 2009/10, exports climbed 16.5% to 10,500 tonnes…RESD MORE
Turmeric cultivation usually starts in the last week of May and continues until August, and a lengthy harvesting process starts from January. In 2008/09 India’s turmeric production dropped to 4.05m bags from 4.2m bags a year ago on a decline in the planted area and lower yields…READ MORE
INDIAN turmeric prices could be prone to upward pressure from the second half of next month because of a shortage of domestic stocks and an anticipated improvement in off-take. The rains have arrived at moderate levels in key turmeric growing states and plantings have started slowly. There are concerns over below average sowing in Nizambad, […]
TOTAL spice exports from India in the first two months of the new 2009/10 season fell 23% in volume terms and 10% in value on a year-on-year basis. However, turmeric shipments saw an upturn year-on-year with 10,500 tonnes leaving the country during the timeframe, up 17% from 9,010 tonnes last year…READ MORE
INDIAN spice exports surged to record levels in 2008/09 both in volume and revenue terms, boosted by strong demand for turmeric. A total of around 470,520 tonnes were exported, 6% up from the 444,250 tonnes achieved in 2007/08…READ MORE
TURMERIC prices in the Indian market are likely to remain subdued in the medium term, despite the harvesting season coming to an end and arrivals of the crop halving from previous levels in the past few weeks. Although the arrivals have halved to around 8,000 (75kg) bags these days as the season for turmeric has […]
New turmeric crop sowing will commence in mid-June to July, with harvesting in January to February, and despite weak demand the total crop could be higher next year as prices are still outpacing last year when output was greater…READ MORE