Sri Lanka

5 news articles covering commodity markets in Sri Lanka.

A storm halves Guntur chili arrivals, and prices hold

A deep depression halved red chili arrivals at Guntur in late September, but weak export volumes kept prices in range. Small and big cardamom split.

Red chilli breaks a month of stasis with a 16% jump

Delhi 334 red chilli moved 16% in a week after a month near $253/quintal, with Andhra's monsoon 40% below normal. Nepal's bumper crop is resetting big cardamom.

Basmati climbs on a 40% kharif shortfall

Indian basmati rates rose through August as kharif output came in around 40% below normal, with mills and mandis holding almost no old paddy to fall back on.

Turmeric's third rally in a row ends the same way

Turmeric rallied and gave it back for the third fortnight running, even with carryover stock down to 5 lakh bags against 140 lakh bags of annual demand.

Thin arrivals support Indian spices, but demand won't chase

India's spice complex spent the first half of June in a standoff: arrivals kept thinning across the major mandis, yet buyers refused to chase prices higher.