Pepper Arrivals in domestic market stood at 20 tonnes while offtakes were 16 tonnes on Tuesday. Global Pepper production in 2012 is expected to increase 7.2% to 3.20 lakh tonnes as compared to 2.98 lakh tonnes in 2011 with sharp rise of 24% in Indonesian pepper output and in Vietnam by 10%.
Pepper production in Vietnam and Indonesia is projected at 1.10 lakh tonnes while that in Indonesia is projected to be 41 thousand tonnes. (Source: Financial Express). Domestic consumption of Pepper
in the world is expected to grow by 3.03% to 1.25 lakh tonnes while exports are likely to grow by 1.48% to 2.46 lakh tonnes in 2012. (Source: Peppertradeboard)
On the other hand production of pepper in India in 2011-12 is expected to decline further by 5% to 43 thousand tonnes as compared to 48 thousand tonnes in the last year. Production is lowest in a decade.
While in case of Jeera, Unjha markets witnessed arrivals of 17,000 bags, lower by 3,000 bags as compared to previous day while off-takes stood at 17,000 bags on Wednesday. Production of jeera in 2011-12 is expected to be around 40 lakh bags as compared to 29 lakh bags in 2010-11. (each bag weighs 55 kgs). (Source: spot market traders).
According to Spices Board of India, exports of Jeera during April 2011- January 2012 stood at 34,500 tonnes as compared to 22,450 tonnes in 2010-11, an increase of 54%. However, month on month exports of jeera witnessed a decline of 40%.
Turmeric arrivals in Nizamabad and Erode mandi stood at 12000 bags and 16000 bags respectively on Wednesday. According to the market sources harvesting of turmeric in Nizamabad is 75% complete, Erode 60%, Sangli 60% while centres of Duggiralla, Warangal and Cuddapah which started their harvesting late have completed 25% of their harvesting.
Average daily fresh arrivals in Nizamabad currently stand around 15000 thousand bags while that in Duggiralla, Warangal and Cuddapah sum to 10000 bags, Sangli 8000 bags and the largest producing state is witnessing arrivals of 24000 bags Turmeric production for the year 2011-12 is projected at historical high of 82 lakh bags (1 bag= 70 kgs) compared to 69 lakh bags in 2010- 11.
Erode is expected to produce 45 lakh bags of turmeric a rise of 29% as compared to previous year. According to Spices Board of India, exports of Turmeric during April 2011- December 2011 stood at 62,000 tonnes as compared to 37,400 tonnes in 2010-11, rise of 66%. Targets set by the Spices Board have already been met till October 2011. Exports have touched new historical levels in 2011-12.
Potato cold storages are said to be full to the extent of 95% of their capacity. The markets participants expected the production to cross last year’s levels, but now they expect the production to fall than last year.
According to the initial estimates of National Horticultural Research and Development Foundation (NHRDF), Potato output in the season 2011-12, is estimated higher at 43.6 mn tn compared to 40 mn tn last year.
However, markets are expecting further decline in output due to late blight disease by 20%. The output in UP and West Bengal, the two biggest potato growing states is expected to be lower at 12.8 mn tn (13.6 mn tn in 2011) and 10-15% (13.3 mn tn in 2011) respectively.
Pepper production in Vietnam and Indonesia is projected at 1.10 lakh tonnes while that in Indonesia is projected to be 41 thousand tonnes. (Source: Financial Express). Domestic consumption of Pepper
in the world is expected to grow by 3.03% to 1.25 lakh tonnes while exports are likely to grow by 1.48% to 2.46 lakh tonnes in 2012. (Source: Peppertradeboard)
On the other hand production of pepper in India in 2011-12 is expected to decline further by 5% to 43 thousand tonnes as compared to 48 thousand tonnes in the last year. Production is lowest in a decade.
While in case of Jeera, Unjha markets witnessed arrivals of 17,000 bags, lower by 3,000 bags as compared to previous day while off-takes stood at 17,000 bags on Wednesday. Production of jeera in 2011-12 is expected to be around 40 lakh bags as compared to 29 lakh bags in 2010-11. (each bag weighs 55 kgs). (Source: spot market traders).
According to Spices Board of India, exports of Jeera during April 2011- January 2012 stood at 34,500 tonnes as compared to 22,450 tonnes in 2010-11, an increase of 54%. However, month on month exports of jeera witnessed a decline of 40%.
Turmeric arrivals in Nizamabad and Erode mandi stood at 12000 bags and 16000 bags respectively on Wednesday. According to the market sources harvesting of turmeric in Nizamabad is 75% complete, Erode 60%, Sangli 60% while centres of Duggiralla, Warangal and Cuddapah which started their harvesting late have completed 25% of their harvesting.
Average daily fresh arrivals in Nizamabad currently stand around 15000 thousand bags while that in Duggiralla, Warangal and Cuddapah sum to 10000 bags, Sangli 8000 bags and the largest producing state is witnessing arrivals of 24000 bags Turmeric production for the year 2011-12 is projected at historical high of 82 lakh bags (1 bag= 70 kgs) compared to 69 lakh bags in 2010- 11.
Erode is expected to produce 45 lakh bags of turmeric a rise of 29% as compared to previous year. According to Spices Board of India, exports of Turmeric during April 2011- December 2011 stood at 62,000 tonnes as compared to 37,400 tonnes in 2010-11, rise of 66%. Targets set by the Spices Board have already been met till October 2011. Exports have touched new historical levels in 2011-12.
Potato cold storages are said to be full to the extent of 95% of their capacity. The markets participants expected the production to cross last year’s levels, but now they expect the production to fall than last year.
According to the initial estimates of National Horticultural Research and Development Foundation (NHRDF), Potato output in the season 2011-12, is estimated higher at 43.6 mn tn compared to 40 mn tn last year.
However, markets are expecting further decline in output due to late blight disease by 20%. The output in UP and West Bengal, the two biggest potato growing states is expected to be lower at 12.8 mn tn (13.6 mn tn in 2011) and 10-15% (13.3 mn tn in 2011) respectively.
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