Turmeric leads gain in spice values

TURMERIC led an upsurge in Indian spice prices on June 20 due to renewed fears of a fall in output this kharif season. Turmeric price has moved 4% up on stockists buying amid concern of lower output. Scanty rains, so far in key growing regions, also raised concerns over the growth of the sown crop…READ […]

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Indian exporters try to repeat volume high

INDIAN spice exporters hope that they can overcome weak demand in the US, Europe and other origins to repeat the past fiscal year’s volume exports but know it will not be possible to match 2011/12’s record income of over $2bn. Turmeric shipments jumped 61% to 79,500 tonnes. High prices triggered bumper harvests of turmeric in […]

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