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