Friday, July 18, 2008

Ginger exports decline short of targets - July 18, 2008

Coonoor: Ginger exports are causing worry to growers and exporters as the performance is short of volume and value targets. During 2007-08 fiscal, ginger exports could not reach the levels of the previous fiscal, let alone the target. According to the data available with the Spices Board and the exporters, in 2007-08, 6,700 tonnes of ginger were exported against 7,500 tonnes in the previous year. What caused worry was that the shipments decline despite the price got felling to an average of Rs 41.79 a kg from Rs 53. Consequently, exporters gained Rs 28 crore against Rs 39.75 crore in the previous fiscal. The export aim for the year was 12,000 tonnes and earn Rs 60 crore.

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