Turmeric traders disagree on monsoon effect

TURMERIC traders are divided over the direction in which prices will go this year as a result of conflicting interpretation of the impact the recent monsoon rains will have on the Indian crop. Domestic demand has picked up and everything was bought last week. Some 90% of Indian turmeric is consumed in India, so stocks […]

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Reduced Indian turmeric forecast lifts prices

INDIAN turmeric prices have risen significantly in recent weeks due to fears of a substantial reduction in the forthcoming 2003 crop. India’s turmeric harvest is due to start this month and exporters have already been raising their prices to take into account the smaller production…READ MORE

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