INDIAN turmeric prices on physicals markets appear to have returned to their firm trend, but the futures side has failed to sustain earlier advances. The overall volume of trade surged and supported the price movement…READ MORE
IN a matter of less than a fortnight, prices of turmeric in India have dropped from record levels to a much more realistic mark. The prices are still at far higher levels than they were a year ago, when turmeric ruled at just Rs3,800 a quintal in the spot market…READ MORE
INDIA’S turmeric plantings for the 2009/10 season are much higher than those of last year as stronger prices have encouraged the country’s farmers to expand their area to the spice. Turmeric sowing for 2009/10 has been completed across India. The delayed onset of monsoon rains meant that plantings started 21 to 25 days later than […]
INDIAN turmeric futures look set for further gains in the coming weeks after advancing on September 24 due to tightening supplies and strong festival demand. India’s turmeric output in 2009/10 is expected to increase as area under the spice expanded and August rains ensured yields would be near normal despite erratic rains in June to […]
INDIAN turmeric futures rose on Thursday due to tightening supplies, strong festival demand and after the Spices Board said exports rose by 25% in August India’s turmeric output in 2009/10 is likely to increase as area under the spice expanded and August rains ensured yields would be near normal despite erratic rains in June to […]
India exported 34,025 tonnes of spices in the month, a 3.5% increase from 32,880 tonnes a year before. Foreign sales of turmeric for the five-month period were 25,500 tonnes against 24,875 tonnes a year before, although the value halved…READ MORE
INDIAN turmeric prices have shown the expected upward trend of late due to declining stocks, and an anticipated pick up in buying is seen lending further support over coming weeks. The cash market in Nizamabad had slipped Rs37 per 100kg to end at less than Rs8,000 per 100kg…READ MORE
INDIAN spice exports were 4% up in volume this July at 40,625 tonnes from 38,975 tonnes in July 2008, but overall sales for the season are still lagging behind those of a year ago. Exports of turmeric maintained the 21,000 tonnes achieved in the first four months of the 2008/09 season but value escalated by […]
INDIA’S spices exports were 4% up in volume this July at 40,625 tonnes from 38,975 tonnes in July 2008 and 4% lower in value at Rs4.6bn ($93.7m) against Rs4.8bn in the same month a year ago, but overall sales for the season are still lagging behind those of a year ago. Exports of turmeric maintained […]
INDIAN turmeric prices are likely to surge by 25% in the second half of 2009 on thin stocks, festive demand, escalating exports and a low crop arising from inadequate rains. India exported a record 52,500 tonnes of turmeric in 2008/09, while in the first two months of 2009/10, exports climbed 16.5% to 10,500 tonnes…RESD MORE