INDIAN spice exports generated higher revenue between April and August 2011 than the same period a year ago despite the volumes being lower on this occasion. Value was up 26% to Rs33.65bn ($672.66m) from Rs26.76bn earlier while the volume declined 23% to 195,500 tonnes from 255,100 tonnes previously. The principal drivers for the export growth came from pepper, small and large cardamoms, ginger, turmeric, nutmeg and mace, tamarind and asafoetida which have shown an increase both in volume and value... Read More