Turmeric

Turmeric Futures Prices, Production - Turmeric commodity prices of India, India's turmeric production in 2010, Turmeric exports

India accounts for almost 80% of turmeric production and 60% of world exports. The local market too has very big demand for turmeric so just 5% of total production is left for export. US, UK, Gulf, Japan and Indians residing all over world are the major buyers for turmeric.

Turmeric, a nine-month crop, is harvested in Dec to March. Nowadays the farmers are reported to have shifted to crops like soybean, maize & cotton as turmeric is a nine-month crop while others are of short duration and can give better returns.

Turmeric is mainly used as spice and coloring agent. It is also getting used in cosmetic industry mainly for skin products range. Consumption of turmeric is also known to have health benfits. During marriage celebrations in India turmeric paste is applied on bride and groom's body.