INDIA’S spice exports are likely to reach $1bn by 2008/09 due to higher demand for chilli, cumin and mint products, according to VJ Kurian, chairman of the state-run Indian Spices Board. Data from the group forecast that India is likely to export spices worth $875m in 2007/08, up 10% from a year ago. Mr Kurian […]
INDIA’S spice exports are likely to reach $1bn by 2008/09 due to higher demand for chilli, cumin and mint products, according to VJ Kurian, chairman of the state-run Spices Board. Data from the board predicts that India is likely to export spices worth $875m in 2007/08, up 10% from a year ago. Mr Kurian told […]
PRICES of the top Indian spices have moved in different directions, with limited supplies of ginger and cardamom pushing offers steadily northwards and plenty of turmeric tending to make its price sag. A protracted dry spell during the summer, followed by heavy rains and strong gales during the delayed southwest monsoon, has caused a marked […]
GUATEMALA is expecting a healthy cardamom crop this year, despite reports of an earthquake affecting production. A Guatemalan exporter told ThePublic Ledger that production in 2007 would be higher than last year’s 26,000 tonnes. A recent report in the Indian Press said that Indian cardamom prices had reached Rs468 ($11.47) a kg, due to reports […]
GUATEMALA is expecting a healthy cardamom crop this year, despite reports of an earthquake there affecting production. A Guatemalan exporter told The Public Ledger that production in 2007 would be higher than last year’s 26,000 tonnes. A recent report in the Indian Press said that Indian cardamom prices had reached Rs468 ($11.47) a kg, due […]
TRADERS are trying to establish the extent of damage caused by Tropical Storm Barbara to crops in Guatemala and Mexico. The storm reportedly lashed coffee and sugar growing areas near the Pacific Coasts of the two countries on June 2. Barbara made landfall shortly before dawn carrying sustained winds of 50mph and higher gusts, before […]
INDIA’S Spices Board is aiming to venture into the retail arena by floating a company to market spices in India and abroad. The company will be called Flavourit Spices Trading and will focus on selling a range of spices under the brand name Flavourit. Minister of state for commerce Jairam Ramesh said: “The board has […]
THE value of India’s spices exports grew by a healthy 36% during the recently completed 2006/07 season, boosted by greater efforts to become a global processing hub. While the export growth in volume terms was limited to 7%, the unit value realised showed a significant increase. According to the Indian Spices Board, 374,000 tonnes of […]
INDIAN spices exports registered an overall growth of 36% during the complete 2006/07 season. While the export growth in volume terms was limited to 7%, the unit value realised showed a significant increase. According to the Spices Board, 374,000 tonnes of spices were exported realising Rs35.75bn ($792.95m) compared with a revenue of Rs26.27bn from 350,000 […]
EUROPEAN spice traders have noted a sustained rise in the price of Guatemalan mixed yellow quality (MYQ) cardamom over the course of the 2006/07 season. Moreover, the traders are not willing to rule out the possibility of further increases over the coming weeks due to smaller output from the latest crop. Some traders have quoted […]