Indian turmeric prices look likely to be prone to some upward pressure over the remainder of this year as the key producer of this spice is forecast for a sharp fall in output and continued strong demand. Turmeric is the second largest produced spice in India and India is seen as the price maker for […]
INDIAN spices showed a mixed price trend in the week to March 23, with some facing strong downward pressure while others were steady to slightly firmer. Indian turmeric spot levels in Nizamabad eased by 1.06% on slow buying at earlier higher prices. Ahead of the slide, turmeric spot prices had gained by 11.7%…READ MORE
INDIAN turmeric farmers have decided to launch a web portal to deal directly with buyers and shore up prices by cutting out middlemen. This season is quite bleak. Every farmer will suffer huge losses as the prices cover only less than half of the total cost of production. Middlemen procure a tonne of turmeric from […]