Turmeric leads gain in spice values

TURMERIC led an upsurge in Indian spice prices on June 20 due to renewed fears of a fall in output this kharif season. Deficient rainfall this monsoon has also hit germination. While turmeric hit the upper circuit on the National Commodity & Derivatives Exchange (NCDEX), chilli and other spice varieties remained firm. Sowing of turmeric […]

Read more

Cardamom set for upward pressure

INDIA’S new crop arrivals of green cardamom have suffered additional delays due to lack of rains, local sources have reported. A team of experts from Indian company Emperor Akbar observed that a delay of about one month in this year’s new crop arrivals implied that the carryover stocks from last year’s crop would be sold […]

Read more

Cardamom set for upward pressure

INDIA’S new crop arrivals of green cardamom have suffered additional delays due to lack of rains, local sources have reported. A team of experts from Indian company Emperor Akbar Green Cardamoms observed that a delay of about one month in this year’s new crop arrivals implied that the carryover stocks from last year’s crop would […]

Read more

Indian exporters try to repeat volume high

INDIAN spice exporters hope that they can overcome weak demand in the US, Europe and other origins to repeat the past fiscal year’s volume exports but know it will not be possible to match 2011/12’s record income of over $2bn. According to new data from the Indian Spices Board, volume exports in the year to […]

Read more

Guatemala curbs cardamom price as sales weaken

GUATEMALAN cardamom prices have declined of late amid lower demand from key buyer the Middle East and a decline in speculative activity. A Rotterdam-based trader said that as a result of lower demand, prices have been corrected downwards by between five and 10% for the different grades. For jumbo whole green cardamom he indicated a […]

Read more

Indian spice exporters hope to repeat volume record as prices fall

INDIAN spice exporters hope that they can overcome weak demand in the US, Europe and other origins to repeat the past fiscal year’s volume exports but know it will not be possible to match 2011/12’s record income of over $2bn. According to new data from the Indian Spices Board, volume exports in the year to […]

Read more

India suffers tight supply of cardamom

INDIA’S forthcoming crop of green cardamom is likely to be further delayed due to lack of rains, putting an additional squeeze on existing tight supplies, industry sources have reported. A team of experts from Indian company Emperor Akbar Green Cardamoms wrote in a June 16 market report that due to inadequate and delayed rainfall, India’s […]

Read more

India looks to expand from success with spice exports to Saudi Arabia

AN exclusive Indian trade fair is being scheduled in December this year in Jeddah as part of recent moves to diversify India’s exports to Saudi Arabia, which have included spices. Indian consul general Faiz Ahmad Kidwai announced this at the opening of the buyer and seller meet of the Indian Spices Board in the Jeddah […]

Read more

Unilever believes spices will also be part of global trend toward food sustainability

SUSTAINABILITY has become increasingly prominent in the global food industry in recent years and spices and other minor commodities will be part of the trend. This was highlighted by two key speakers at the American Spice Trade Association annual meeting in Amelia Island, Florida, on Tuesday. Cherie Tan, procurement operations director, sustainable sourcing renewables & […]

Read more

Blends can spice up food to boost consumer interest

THE effective use of spice blends can help add excitement to the food sector and heighten consumer interest. This was one of the key messages conveyed by spice blender Lior Lev Sercarz at the annual meeting of the American Spice Trade Association on Monday. Using global spices, the Israeli-born, French-trained chef creates spice blends for […]

Read more