A SMALLER sown area and unseasonal rains have combined to drive up turmeric prices in major Indian markets, both for local sale and export. Turmeric exports from India, which supplies more than 90% of world demand, were 41,580 tonnes valued at Rs1.54bn in 2004/05, compared with 29,950 tonnes worth Rs1.19bn a year earlier…READ MORE
IN spite of heavy rains damaging more than 200 bags of turmeric in the major producing areas of Dugirala and Sangli in late September and early October, prices are generally expected to remain bearish. Turmeric is cultivated on 18m hectares across India, yielding a total of 70m tonnes. The southern Indian state of Andhra Pradesh […]
HEAVY rains in India’s major turmeric producing areas of Dugirala and Sangli have damaged almost 20,000 bags (1,400 tonnes) of the spice…READ MORE
TURMERIC prices on the global market could increase in the coming weeks as a poor Indian harvest has failed to meet international demand. Indian said that production for 2006 could begin as early as January, but it is not yet known how large that crop is likely to be…READ MORE
INDIAN spice traders have estimated a 17% increase in the country’s turmeric output for January 2005 compared with the same month last year. This January’s turmeric crop totalled around 360,000 tonnes, compared with 300,000 tonnes in January 2004. For this reason, turmeric prices are attractively low…READ MORE