Turmeric cultivation usually starts in the last week of May and continues until August, and a lengthy harvesting process starts from January. In 2008/09 India’s turmeric production dropped to 4.05m bags from 4.2m bags a year ago on a decline in the planted area and lower yields…READ MORE
INDIAN turmeric prices could be prone to upward pressure from the second half of next month because of a shortage of domestic stocks and an anticipated improvement in off-take. The rains have arrived at moderate levels in key turmeric growing states and plantings have started slowly. There are concerns over below average sowing in Nizambad, […]
TOTAL spice exports from India in the first two months of the new 2009/10 season fell 23% in volume terms and 10% in value on a year-on-year basis. However, turmeric shipments saw an upturn year-on-year with 10,500 tonnes leaving the country during the timeframe, up 17% from 9,010 tonnes last year…READ MORE
INDIAN spice exports surged to record levels in 2008/09 both in volume and revenue terms, boosted by strong demand for turmeric. A total of around 470,520 tonnes were exported, 6% up from the 444,250 tonnes achieved in 2007/08…READ MORE
TURMERIC prices in the Indian market are likely to remain subdued in the medium term, despite the harvesting season coming to an end and arrivals of the crop halving from previous levels in the past few weeks. Although the arrivals have halved to around 8,000 (75kg) bags these days as the season for turmeric has […]
New turmeric crop sowing will commence in mid-June to July, with harvesting in January to February, and despite weak demand the total crop could be higher next year as prices are still outpacing last year when output was greater…READ MORE
A sharp rise in turmeric prices has encouraged Indian farmers to start cultivating the spice a week earlier than normal in order to increase acreage. Average turmeric prices in the Nizamabad spot market in Andhra Pradesh in the January to May period…READ MORE
STRONG demand from overseas buyers and from the internal market has helped keep Indian turmeric values on the firm side recently. In Nizamabad, turmeric arrivals were at 6,000 bags on Tuesday and rates were between Rs5,300 and Rs5,350 a quintal…READ MORE
PRICES of Indian turmeric powder have jumped by around a quarter in the past few weeks to reach record highs as demand remains strong while supplies have been reduced. Turmeric powder is trading at between $1,325 and $1,375 a tonne fob basis, which is a 25% increase in value from a month ago…READ MORE
TURMERIC prices have been moving up in Indian spot markets over the last two months due to good domestic demand, and are expected to remain buoyant because of lower output this season and considerably diminished stocks from the last campaign. Generally, turmeric prices tend to show a bearish trend during the peak arrival season which […]