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INDIA recorded a sharp boost in the value of its spice exports over the April to November 2011 period despite a dip in overall volumes. Spices Board data shows that the country's spice exports generated Rs62bn ($1.17bn) during the latest eight month period, an increase of 43% from the Rs43.35bn achieved between April and November 2010 on higher realisations from small cardamom, ginger and nutmeg and mace. However, the volume of shipments declined by 6% to 351,000 tonnes during the 2011 period from 372,000 tonnes in the same phase of 2010 due to a fall in the quantity of garlic, coriander and chilli exported... Read More

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