Uneven rains may keep price of spices elevated
Southern India is currently grappling with challenges in spice production, primarily due to uneven monsoon patterns and parched soil, which are adversely affecting harvest yields. Despite expanding cultivation areas, turmeric yields are predicted to plummet owing to unfavorable weather. Additionally, delays in red chilli sowing in Andhra Pradesh and Telangana could lead to surging market prices.
New Delhi: An An uneven monsoon and dry soil conditions across southern India are threatening spice production, raising the risk of tighter supplies and higher prices in the coming months."Despite a higher area under spice cultivation, we can see an impact on yield due to the effect of El Nino, especially in Karnataka, Andhra Pradesh and Tamil Nadu," said Sandeep Voddepalli, vice president, BigHaat India.
