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Chilli Export Slump Drags Overall Spices Exports Down to $1.15 Billion Despite Strong Performance in Cumin and Turmeric by Amit Gupta, Kedia Advisory India's spices exports marginally declined by 1% to $1.15 billion in the April-June quarter, primarily due to a 29% drop in chilli shipments, the largest spice export in terms of value and volume. Sluggish demand from China and Bangladesh contributed to the decline, with chilli exports falling to $265 million. Despite this, other spices like cumin, turmeric, and cardamom performed well, offsetting the drop. Cumin exports rose 13% in value, while turmeric surged 44%, despite a decline in v...
Chilli Export Slump Drags Overall Spices Exports Down to $1.15 Billion Despite Strong Performance in Cumin and Turmeric by Amit Gupta, Kedia Advisory
Chilli Export Slump Drags Overall Spices Exports Down to $1.15 Billion Despite Strong Performance in Cumin and Turmeric by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-09-11 05:19:08 pm
Spicing Up Supply Chains: Indian Chilli Market Trends Amidst Changing Demands by Amit Gupta, Kedia Advisory India's chilli market faces shifts as China, its largest buyer, covers its position, while Bangladesh turns to Myanmar for sourcing. Major oleoresin companies have stocked up, dampening immediate market prospects. Meanwhile, Karnataka sees record arrivals, driving prices down by 50%. Highlights Price Decline in Karnataka: Chilli prices in Karnataka have dropped significantly, by about 50%, since the beginning of the season due to lower demand and increased supply. Record Market A...
Spicing Up Supply Chains: Indian Chilli Market Trends Amidst Changing Demands by Amit Gupta, Kedia Advisory
Spicing Up Supply Chains: Indian Chilli Market Trends Amidst Changing Demands by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-04-03 03:53:21 pm
Chilli Prices Surge on Crop Concerns and Export Demand by Amit Gupta, Kedia Advisory Dry red chilli prices witness a notable rebound driven by worries over crop size, heightened demand from exporters, and stockists' activity. Despite initial expectations of ample supply, issues with crop health and reduced yields contribute to the price hike, with significant export demand sustaining the upward trend. Highlights Chilli Prices Rebound: Dry red chilli prices have surged recently due to concerns over crop size, increased demand from exporters, and stockists. This surge...
Chilli Prices Surge on Crop Concerns and Export Demand by Amit Gupta, Kedia Advisory
Chilli Prices Surge on Crop Concerns and Export Demand by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-02-12 11:30:11 am