Thursday, June 30, 2011

Coriander - Dhania


Coriander or ‘Dhania’ is the dried ripe fruit of a herb with several branches and leaves with jagged edges. Coriander forms the base of most Indian curries. Both its seeds and leaves are used in dishes. Coriander seeds are mostly used in powder form, slightly roasted to improve the flavour. It is basic to rasam, sambar and curry powders. Its leaves are used for making chutneys and garnishing.

Global production of coriander is about 2.9 lakh MT to 3.35 lakh MT per years. India contributes around 80% of world coriander production and produces around 2.5-3.0 lakh MT annually, Other major producers are Morocco, Canada, Pakistan, Romania. Major importers are Indonesia, Singapore, Sri lanka, UAE and USA. Rajasthan (60%) is the major producer of coriander in India followed by Madhya Pradesh, Andhra Pradesh, Karnataka, Tamil nadu and Orissa. Annually 5-10% of total production from India is exported. Domestically major varieties are Badami, Eagle, Scooter, Double Parrot, Single Parrot, Super Green. Badami variety accounts to about 65 to 70% of total production.


India is the leading exporter and exports around 25000-30000 MT of coriander each year. The export demand has been increasing constantly both in terms of quantity and value. The major domestic buyers of coriander seed in India are spice processing agencies, which consume around 50% of the production and are mostly located in the southern states of India and Delhi. As the masala making business is growing exponentially, the demand from this sector is expected to increase in future.


Tuesday, June 28, 2011

Turmeric - Haldi


Turmeric (Curcuma longa) belongs to the Zingiberaceae family. The commercial part of the plant is its rhizome. It grows in light black, black clayey loams and red soils in irrigated and rainfed conditions with temperature ranging between 20 to 30 degrees. The crop cannot stand water logging or alkalinity. Turmeric is used to flavour and to colour foodstuffs. It is used in cosmetics and in medicines. Turmeric is ready for harvesting in 7-9 months. Sowings start from May end and extend till August whereas arrivals start from December and extend up to March.


India is the world's largest producer of turmeric and produces nearly 80-85% of world's total production, which stands at around 6.0 lakh MT to 7.0 lakh MT per year. Major producers in India are Andhra Pradesh, Tamilnadu, Orissa, West Bengal , Karnataka ,Maharashtra. India is the worlds leading exporter, prime export destinations being UAE, USA, Bangladesh, Sri Lanka, Japan, Malaysia, UK. Major trading centres in India are Nizamabad, Duggirala, Sangli, Salem, Erode, Dharmapuri.

It is an Antidote against poison.

India is the largest Producer, Consumer and Exporter of turmeric. Indian Turmeric is considered to be of best quality due to its high curcumin content and is increasingly getting known for its medicinal and cosmetic applications. As it is a naturally occurring product, it is finding increasing acceptance in the global markets because of which exports have increased exponentially in recent years and this trend is most likely to continue in future. Majority of the Turmeric produced is consumed locally which reflects a healthy local demand.

Factors influencing Prices