Price Analysis of Turmeric for Major Markets of Maharashtra

Price Analysis of Turmeric for Major Markets of Maharashtra

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India is the largest producer, consumer and exporter of spices in the world. The global production of turmeric is about 11 lakh tons. Indian turmeric industry contributes about 78 per cent of world production and 60 per cent of the exports of Turmeric. In India Turmeric is cultivated in 8.09 ha with the production of 13.52 lakh tonnes. Total area under Turmeric in India rose gradually from 1.10 lakh ha in 1990-91 to 1.94 lakh ha in 2009-10. Huge fluctuations in prices of farm produce were observed during past few years. The present study aimed to study the price movement of Turmeric i.e. seaso...