Supply tightness drives up turmeric prices

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

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