India’s spice exports decline

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

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Large stocks threaten to cut turmeric prices

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 […]

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