The gains in turmeric were particularly remarkable. Even though there was a marginal decline in export volumes during 2009/10, the value increased due to vastly improved unit value realisation, 47% better than in the previous year..READ MORE
INDIAN turmeric prices showed substantial gains in the week to November 27, Turmeric prices at the benchmark Nizamabad market gained more than 3.2%, tracking robust domestic demand. Limited sellers at the cash market also supported the positive move in price…READ MORE
INDIAN turmeric prices were subjected to downward pressure early in the past week due to weak demand. September 30, India had turmeric stocks of 750,000 to 800,000 bags compared with 1.35m bags in the same period of the previous season…READ MORE
INDIA is likely to miss the turmeric export target of1618 50,000 tonnes in the current fiscal year because of a sharp rise in prices. Turmeric availability in the physical market is poor, which has resulted in a spike in prices…READ MORE
INDIAN turmeric values showed an upward tendency in the early part of the past week as the volumes of material reaching the market declined. The September contract gained Rs96 ($2.04) to settle at Rs13,152 a quintal while the October contract surged Rs134 to close at Rs12,392 a quintal…READ MORE
AFTER a brief lull of a few weeks, prices of turmeric in India are all set to go northwards in the next couple of months thanks to a yawning gap between demand and supply. Turmeric, which enjoys substantial demand from both the Indian and international markets for cooking and medicinal purposes, is currently selling at […]
A MASSIVE surge in sales this March, with heavy demand from East Asian countries, helped push Indian spice exports for fiscal 2009/10 beyond the 0.5m tonne mark for the first time. Turmeric hit an all-time high in value, with 50,750 tonnes worth Rs3.81bn exported, against 52,500 tonnes worth Rs2.49bn in the earlier year…READ MORE
INDIAN turmeric values showed strong increases on Monday on high domestic and overseas demand. Arrivals at Erode on Monday stood at 4,000 bags while nearly 1,422 bags were traded at Sangli markets…READ MORE
The sharp rise in global turmeric prices during the past year has brought prosperity to hundreds of farmers in the Erode belt and nearby areas in Tamil Nadu. They had barely expected a return of Rs5,000 a quintal at the time of sowing last year but ended up getting more than three times that expectation…READ […]
INDIAN turmeric plantings for the 2010/11 season are expected to be higher than those of the current season due to prevailing high prices. However, the company cautioned that the current tight supply situation would prevent this favourable plantings outlook from having any bearish impact on prices soon…READ MORE