According to the Spices Board of India, the country exported 246,566 tonnes of spices valued at some $415m in 2003/04, compared with last season’s record total of 264,107 tonnes. Turmeric export volumes during the period totalled 20,000 tonnes, worth $16.64m, while coriander shipments reached 19,500 tonnes worth some $9.95m…READ MORE
TURMERIC traders believe that prices are likely to decline over the coming weeks as a good crop combines with large carryover stocks and sluggish demand. One Mumbai broker said that he expected carryover stocks to be around 180,000 tonnes at the end of the current season. Major turmeric farmers in the main growing centres of […]
INDIAN spice exports over the first four months of the current crop year have almost reached half of the set target for the 2004/05 season by rising to 131,274 tonnes valued at Rs7.70bn ($164m). Turmeric exports rose to 16,500 tonnes valued at Rs618m, from 10,250 tonnes worth Rs374.7m during the corresponding four months of last […]
INDIAN spice traders are positive about the potential level of turmeric crop plantings due to a favourable first wave of monsoon rains. In late May, the first spell of India’s monsoon rains arrived and last week, the monsoon was advancing normally. Rain was said to have almost covered all of the southern states of Kerala, […]
TURMERIC traders are anxiously trying to determine whether the forthcoming Indian crop will be large enough to meet the potential world demand over the course of this year. Last year, Indian turmeric was in very short supply following a drought-reduced harvest but this year the general indication is that the crop should be better than […]