Turmeric sowing this year is forecast to be 10% higher than that of the last year, although untimely rainfall during last week is expected to affect production. However, even if productivity is affected, it will still be above last year’s crop of 4.4m bags. The influx of new crop turmeric should result in prices declining […]
INDIAN turmeric output could decline by between 12% and 15% this year due to extended rainfall in the monsoon season resulting in excessive field moisture content in the main producing states of Maharashtra, Andhra Pradesh and Tamil Nadu…READ MORE
WEAK export demand led to price falls in a number of key Indian spices on Tuesday. Turmeric futures extended losses on Tuesday on profit-taking driven by sluggish demand and the expected arrival of new crop…READ MORE
INDIA’S total volume of spices exports in the first seven months of the 2008/09 season rose by 7% due to strong demand for turmeric. While turmeric shipments rose 6% to 32,250 tonnes…READ MORE
INDIA’S total volume of spice exports in the first half of the 2008/09 season were up 8.4%, compared to the same period last year, as larger quantities of turmeric were shipped abroad. While overseas sales of turmeric rose 10% to 29,000 tonnes…READ MORE
INDIA could have turmeric carry-over stocks for 2009 in the region of 500,000 bags, around 58% lower than the 1.2m bags going into the current year, due to lower production in the 2007/08 season There would be a shortfall on the supply front in 2009 due to steady production and lower carry-over stocks. It will […]
INDIAN turmeric arrivals in the spot market in Nizamabad fell by 16.8% to 50,317 tonnes in the first eight months of 2008 from the same period a year ago. Nizamabad is the main spot market for turmeric in India’s biggest producing state of Andhra Pradesh…READ MORE
INDIA’S total spice exports in the first four months of the fiscal 2008/09 year rose 14.7% in volume terms on the back of strong demand for turmeric, the Spices Board said on Friday. Spice exports during April to July reached 185,255 tonnes, compared with 161,577 tonnes a year-ago…READ MORE
TURMERIC’S revival as a profitable Indian spice export is still on the right track, especially as prices have been pushed up further following delivery problems. The heavy rainfall in some north Indian states had an adverse effect on turmeric traders in Erode…READ MORE
TURMERIC prices continue to be high following a reduction of the Indian crop by up to 25% because of low acreage and bad weather. In May 2007, the average spot price of turmeric in Nizamabad was Rs1,850 per quintal but is now Rs3,500 per quintal…READ MORE