Black pepper surges on rising demand
Source: PTI Black pepper surged in an otherwise mute spices market here today due to rising demand from stockists and retailers. Ginger bleached and unbleached recovered following fresh demand from retailers. Meanwhile, all other copra varieties ruled stable in the absence of necessary buying support. Black pepper advanced by Rs 35/20 per kg to Rs 725/770 from Monday's closing level of Rs 690/750 and ginger bleached and unbleached regained by Rs 10 per 10kg each to Rs 160 and Rs 180 as against to Rs 150 and 170 yesterday. Following are today's closing rates (in Rs with previous rates in brackets): Black pepper (per kg) 725/770 (690/750), ginger bleached (per kg) 160 (150), ginger unbleached (per kg) 180 (190), copra office Alapuzha (per quintal) 5,700 (5,700), ...
New scheme to boost Indias spice production, export
The Dollar Business Bureau To increase production of export quality spices, the Spice Board has launched a special scheme to provide financial assistance to farmers for replanting, irrigation, mechanisation, soil conservation and organic farming. Under the new scheme, farmers of small cardamom in Kerala and Tamil Nadu will be able to get up to Rs 70,000 per hectare for replanting of old, diseased and uneconomic plantations. Farmers in Karnataka will get up to Rs 50,000 per hectare for the same purpose. According to Spice Board Chairman A Jayathilak, the scheme is part of the Board’s 12th plan to increase export-oriented production of small cardamom and improve the post-harvest process across the country. To help spice growers in buying irrigation equipment, the Board ...
