Indian spice exports rise in first half of season

INDIA’S total volume of spice exports in the first half of the 2008/09 season were up 8.4%, compared to the same period last year, as larger quantities of turmeric were shipped abroad. While overseas sales of turmeric rose 10% to 29,000 tonnes…READ MORE

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Indian turmeric carryover stocks likely to be halved this year

INDIA could have turmeric carry-over stocks for 2009 in the region of 500,000 bags, around 58% lower than the 1.2m bags going into the current year, due to lower production in the 2007/08 season There would be a shortfall on the supply front in 2009 due to steady production and lower carry-over stocks. It will […]

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Turmeric arrivals decline in Nizamabad market

INDIAN turmeric arrivals in the spot market in Nizamabad fell by 16.8% to 50,317 tonnes in the first eight months of 2008 from the same period a year ago. Nizamabad is the main spot market for turmeric in India’s biggest producing state of Andhra Pradesh…READ MORE

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India sees further success with spice exports

INDIA’S total spice exports in the first four months of the fiscal 2008/09 year rose 14.7% in volume terms on the back of strong demand for turmeric, the Spices Board said on Friday. Spice exports during April to July reached 185,255 tonnes, compared with 161,577 tonnes a year-ago…READ MORE

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Delivery issues spark even higher turmeric price

TURMERIC’S revival as a profitable Indian spice export is still on the right track, especially as prices have been pushed up further following delivery problems. The heavy rainfall in some north Indian states had an adverse effect on turmeric traders in Erode…READ MORE

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Indian troubles keep turmeric offers elevated

TURMERIC prices continue to be high following a reduction of the Indian crop by up to 25% because of low acreage and bad weather. In May 2007, the average spot price of turmeric in Nizamabad was Rs1,850 per quintal but is now Rs3,500 per quintal…READ MORE

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Farmers’ disinterest spurs rally in turmeric market

TURMERIC prices are experiencing a kick-back from reduced production in dominant origin India after two years of the farming community’s dissatisfaction with returns. Madras turmeric fingers are up $100 a tonne to $850 a tonne on a cif basis or $700 a tonne fob…READ MORE

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Haryana looks to revive turmeric cultivation

THE Indian state of Haryana is taking steps to expand the area planted with turmeric, which has fallen to drastically low levels over recent years. The area under turmeric production currently amount to only 29 hectares in the state, having plummeted from 280 hectares in 2005/06 and 330 hectares in 2004/05…READ MORE

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Indian exports on track to smash official targets

INDIAN spice exports are on a roll, with most expected to exceed their annual export targets by significant margins. In the past week, turmeric prices have risen by Rs200 to Rs300 per quintal in the spot and futures markets due to demand and short covering…READ MORE

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