INDIAN spice exports will cross the $1bn mark in the current financial year, said V J Kurien, chairman of the Spices Board. Until December, the country had exported spices worth $830m, despite the economic recession. Speaking at a press conference, Mr Kurien said in the first half of the current year, export sales were suffering […]
GUATEMALAN cardamom prices have shown renewed strength in recent weeks as ongoing demand puts the squeeze on already tight supplies. In the week ending January 15, European traders quoted Guatemalan cardamom seeds as rallying to $30,000 a tonne cif main European ports from $25,000 a tonne cif a week earlier and mixed yellow qualities (MYQs) […]
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 […]