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Turmeric and cardamom waver in steady spice market

Spices market reports mostly stable trading

Culinary spice turmeric is now easier to come by as a late bumper crop has arrived ahead of the new sowing season.

Usually a sparse time of year for the spice, supplies of turmeric grew to nearly 68 lakh bags, compared to only 47 bags the previous year.

However, turmeric exports fell three per cent to 49,250 tonnes during March and April, according to the Spices Board of India.

Meanwhile, mixed results were recorded for cardamom, with a lack of buying support from traders coupled with an increased supply, according to Commodity Online.

Other spices, such as pepper, nutmeg and mace, saw steady trading, having seen a bumper sales period as exports in March - hitting 525,750 tonnes.

This represented earnings of $1.5 billion (£908 million), a jump of 28 per cent over the previous year's $1.2 billion.

Although that period did see sales of coriander and cumin decrease alongside a fall in production volumes. 

Related products: Ground Turmeric, Whole Cardamom, Ground Nutmeg

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