INDIAN spice exports hit an all-time high of Rs44.36bn ($1.04bn) in the 2007/08 season led by good sales of pepper and chilli, well ahead of the Rs35.75bn achieved in 2006/07. In volume terms, the country’s overseas sales of spices were 19% ahead of the previous season at 444,250 tonnes compared with 373,750 tonnes before. The […]
INDIAN cardamom prices rose about 10% over the last month due to falling arrivals, rising export demand and a weak rupee, local analysts and traders have observed. At 4:02pm on May 15, the benchmark June contract on the Multi Commodity Exchange of India was trading at Rs633.50 ($14.85) per kg, up 0.56%. The contract rose […]
INDIAN cardamom production is likely to double within four years to touch 24,000 tonne, according to V Kurian, chairman of the country’s Spices Board. Mr Kurian told the Financial Express that the massive re-plantation and rejuvenation exercise undertaken by the board would yield result in four years. He explained that the board is spending Rs1.22bn […]
INDIA has set an all-time record in spices exports in 2007/08 by exceeding the $1bn mark in value. During 2007/08, India exported 444,250 tonnes of spices and spice products valued at Rs44.35bn ($1.04bn) VJ Kurien, chairman of the Spices Board said. Exports have shown a growth of 19% in volume and 39% in dollar value. […]
INDIAN cardamom prices rose about 10% over the last month due to falling arrivals, rising export demand and a weak rupee, local analysts and traders have observed. At 4:02 pm on May 15, the benchmark June contract on the Multi Commodity Exchange of India was trading at Rs633.50 ($14.85) per kg, up 0.56%. The contract […]