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 […]