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ASHOK DATTANI
Consumers feel the pinch as prices of garam masala, spices rise by 70-80%
"The prices of spices, garam masala have risen by 70-80% from last year," says Ashok Dattani, Ex-President of the Spice Market> ET Now's Eyeshwarya Patil's report from APMC Mandi in Navi MumbaiConsumers feel the pinch as prices of garam masala, spices rise by 70-80%
Deccan floods make spices too hot to handle
Investors long on spices like jeera, turmeric, chilly, and pepper may continue to hold on to their positions with prices rising in the futures market following floods in Andhra Pradesh and Karnataka.
Chilli prices surge as volume dips
The lower volumes indicate that there are more buyers than sellers in the market, as the price is expected to rise further.
Pepper, turmeric prices zoom on global demand, supply concerns
Good overseas demand coupled with lack of supply in the physical market has kept the pepper price firm.
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