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