THE current year will witness new additions in processing capacities, quality evaluation facilities and enhancements in value addition for the Indian Spices Board, its chairman V J Kurien said. Mr Kurien told reporters that the board’s new venture, Spice Parks for processing, was coming up in Idukki district in Kerala and in Guntur district in […]
INDIA’S pepper output in 2010 is expected to be only marginally higher than that of last year, but prices are unlikely to fall sharply in the coming months due to low carryover stocks, according to a Reuters poll of eight traders, exporters and analysts. Production in 2010 is seen at 53,000 tonnes, from 50,000 tonnes […]
INDIAN spice dealers have already forecast higher prices for a number of key spices in 2011 due to strong demand and, in certain instances, adverse weather as well. Normal to marginally lower production has been predicted for pepper. After hovering around Rs140 ($3.07) per kg, prices shot above Rs200 per kg towards the end of […]
INDIA’S pepper output in 2010 is expected to be only marginally higher than that of last year, but prices are unlikely to fall sharply in the coming months due to low carryover stocks, according to a Reuters poll of eight traders, exporters and analysts. Production in 2010 is seen at 53,000 tonnes, from 50,000 tonnes […]
GUATEMALAN cardamom prices have shown renewed strength of late on low new crop arrivals in a market of already constrained supply. The latest upturn continues the trend seen in October when prices escalated sharply as 2008/09 crop carryover ran out in the run up to first new crop arrivals (see The Public Ledger, October 19, […]
INDIAN cardamom prices have been on a consistent increase because of poor supply due to zero imports from Guatemala. High demand from upcountry buyers and increased exports to West Asia has pushed up prices by 30% to 40% in just two months, the country’s Financial Express newspaper has noted. Auction prices of cardamom are averaging […]
INDIAN cardamom prices have been on a consistent uptrend because of poor supply due to zero imports from Guatemala. High demand from up country buyers and increased exports to West Asia has pushed up prices by 30% to 40% in just two months. Auction prices of cardamom are averaging above Rs750 ($16.20) per kg in […]
GUATEMALAN cardamom prices have risen sharply over recent weeks as 2008/09 crop carryover runs out in the run up to first new crop arrivals. Andrew Barker, managing director of PBAbrokerage, said that seeds were currently being quoted at $16,000 a tonne c&f, mixed yellow qualities for grinding at around $10,500 a tonne and medium whole […]
INDIA’S chilli market has suffered an unforgiving combination of extreme dry weather and heavy flooding this year, which has sent prices sharply higher. In mid-August this year, there was a very real fear that India’s chilli crop for the 2009/10 season would be devastated as a result of the near-drought situation that prevailed in the […]
WHILE India may have shipped out more spices in August than a year before, it is getting lower returns for the consignments. India exported 34,025 tonnes of spices in the month, a 3.5% increase from 32,880 tonnes a year before, according to the Indian Spices Board. However, in value terms exports declined 7.7% to Rs3.88bn […]