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Thursday, 17 February 2011
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Spices market on a boil due to crop damage, low arrivals
Spices complex has been on boil since the last four months due to crop damage in growing areas. The crop was damaged mainly due to unseasonal rain. Prices of spices like chilli and coriander increased almost 80 per cent while jeera and pepper prices were up 20 per cent in the last four months. Turmeric on the other hand was down by 27 per cent on National commodities and derivative exchange (
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