Keres Spices Products Are Now Available at Tomato Happy Hour

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Keres Spices has teamed up with Tomato Happy Hour to make our products available to Spicewood residents. Tomato Happy Hour is the great creation of Kathleen Henderson.
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They are open from 9am to 6pm seven days a week.  Tomato Happy Hour is focused on supporting local farmers and vendors.  Tomato Happy Hour is a valuable assest to our local community and we hope you will stop by to check them out.

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The Healing Power of Spices

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Keres_Spices-Whole_Black_Pepper_-headerSpices are rich in phytonutrients and other active ingredients that protect against disease and promote healing. In worldwide studies, spices have been linked to the prevention and treatment of chronic conditions.

Indian spices were known the world over since ancient times but were mostly used as ingredients or additives in food. However, recent research has unearthed several medicinal applications of spices that could give a further boost demand for several Indian spices.

The Times of India reported that a siddha drug ‘Venthamarai choornam’, a mixture of cardamom, ginger, cumin seeds, long pepper (thippili), dill(sada kuppi), licorice (adhimadhuram) and white lotus petal can bring down blood pressure. This has been observed in in a study on rats and could well gain acceptance as treatment for human ailments too.

It has reported that capsaicin, a hot chemical found in chilli peppers can be effective in treatment of arthritic pain.

The report said that adding curry powder to food could give anti-inflammatory benefits for those facing ortho ailments. The curcumin compound in curry powder and turmeric has strong anti-inflammatory effects.

Way back in 1999, a US firm promoted by an Indian pharmacist Dr Mohammed Majeed had won a US patent for developing Curcumin C3 complex from turmeric which enhances the ability to prevent , as well as intervene in free radical activity. It is marketed at a standardised tuermic extract with 95% curcuminoids- curcumin, demethoxycurcumin, bisdemethoxycurcumin.

Spices are rich in phytonutrients and other active ingredients that protect against disease and promote healing. In worldwide studies, spices have been linked to the prevention and treatment of chronic conditions such as heart disease, cancer, Type II diabetes, and Alzheimer’s. Unlike pharmaceutical drugs, spices can be used long- term without concern for side effects, according to foodmatters.tv.

-Vanilla: Vanillin, a component of vanilla has anti-carcinogenic properties capable of killing human cancer cells. It has been found effective in treatment of sickle cell anemia in mice. It is an aphrodisiac and systemic administration of vanilla essential oil has been found effective for patients with impotency, erectile dysfunction and frigidity. It’s an anti-depressant, sedative as well.

Nutmeg:is effective in pain relief, reducing cholesterol, improving memory, sexual desire, relieving anxiety, indigestion, even reducing wrinkles in skin.

Pepper: Piperine in Pepper stimulates taste buds and improves digestion. It has a pride of place in treatment of gastrointestinal disorders.Regular use of pepper inhibits growth of human colon cancer cells, piperine compounds reduce inflammation in rheumatoid arthritis, and also found to reduce Alzheimer’s disease.

Indian Spice Exports Rise 0.9% in April-January – Special Report

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Spice exports increased 0.94 per cent in the April-January period of the current financial year. A total of 436,175 tonnes, valued at Rs 7,849 crore ($1,545,693,366, €1,158,951,611, £972,360,145) were shipped in the first ten months of FY12, as compared to 432,115 tonnes valued at Rs 5,354 crore  ($1,054,356,259, €790,549,997 £663,271,272) in the same period of the previous financial year. The rise was 47 per cent in rupee terms and 40 per cent in dollar terms.

Spice exports from India have already achieved 121 per cent of the target set for 2011-12 in terms of value and 87 per cent in terms of quantity.

India exports pepper, cardamom (small and large), ginger, turmeric, cumin, celery, fenugreek, nutmeg, mace, tamarind, asafoetida and value-added products like curry powder and paste. All these registered an increase in both, volume and value, in the current financial year.

A total of 22,300 tonnes of pepper valued at Rs 721 crore  ($141,985,592, €106,459,945, £89,319,870) were exported, as against 14,950 tonnes valued at Rs 296.56 crore  ($58,401,175, €43,788,850 £36,738,836) in the April-January period. There was also an increase in the unit value from Rs 198  ($3.90, €2.92, £2.45) a kg in April-January 2011 to Rs 323  ($6.36, €4.77, £4.00) a kg now, according to the Spices Board data . There was also a considerable change in cardamom (small) exports, which hit an all-time high of 3,900 tonnes, worth Rs 308 crore ($60,654,039, €45,478,034, £38,156,061). In case of large cardamom, there was a 10 per cent increase in quantity and 52 per cent in value. The unit value has increased from Rs 538  ($10.59, €7.94, £6.66) a kg to Rs 743  ($14.63, €10.97, £9.20) a kg.

A total of 710 tonnes of large cardamom valued at Rs 53 crore ($10,437,221, €7,825,765, £6,565,815) were shipped, as against 645 tonnes at Rs 35 crore ($6,892,504 €5,167,958, £4,335,916) last year. Turmeric exports increased both in value and volume terms. A total of 67,000 tonnes valued at Rs 644 crore ($126,822,082, €95,090,436 £78,780,855) were exported, rising 69 per cent in quantity terms and 14 per cent in value terms.

www.keresspices.com

International Spice Commodities Update – Turmeric

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Turmeric prices fell by Rs 86 ($1.72, €1.32, £1.10) to Rs 4,282 ($85.68, €65.63, £54.84) per quintal in futures trade today on rising supplies due to estimates of a higher crop.

Subdued demand in the spot market also weakened the trading sentiment.

At the National Commodity and Derivatives Exchange, turmeric for delivery in May fell by Rs 86 ($1.725, €1.32, £1.10), or 1.97%, to Rs 4,282 ($85.68, €65.63, £54.84) per quintal, with an open interest of 12,460 lots.

The April contract lost Rs 54 ($1.08, €0.83, £0.69), or 1.26%, to Rs 4,234 ($84.72, €64.89, £54.23) per quintal, with an open interest of 22,655 lots.

Analysts said apart from rising supplies in spot markets, higher expected production this season mainly kept pressure on the turmeric prices at futures trade.

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International Spice Commodities Update – Turmeric

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The downward trend continued in turmeric futures on the back of higher stocks from the fresh crop along with higher production concerns. Demand from the overseas and domestic buyers remained lower lending support to the bears in the market.

Rates are falling for turmeric as higher arrivals of the new crop prevented any major uptrend for the commodity. With increased arrivals, the uptrend may be limited till demand picks up. Expectation that arrivals might gain momentum in the coming days is restricting prices from trading higher.

Good stocks and increased selling pressure along with weak demand in the Mandis have kept trend weak for the commodity over the last few weeks. Production of turmeric is expected to touch historical level of eight hundred twenty thousand bags in 2011-12 season.

The sowing period is from June-August and harvesting begins in January. High moisture content in the current crop kept demand low and thus kept pressure on the market prices. With an expected five to six hundred thousand bags of old stocks with farmers, there are expectations of higher arrivals of these stocks in the markets before new crop arrivals.

Exports of turmeric during April to November rose 63% to 58,000 tonnes as compared to 35,500 tonnes in the same period previous year. However, exports for the month of November 2011 declined by 5.9 percent. The target set by the Spices board have already been achieved and has touched new historical high of 58,000 tonnes in the eight months of the FY 2011-12.

Yesterday on the NCDEX  the turmeric April contract closed down by 2.32% at Rs.4552 ($90.31, €68.83, £57.47) per quintal against the previous close.

www.keresspices.com

International Spice Commodities Update – Turmeric

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Turmeric futures ended lower due to expectation of higher output in the current season. Meanwhile, strong demand from spice firms limited sharp downtrend. The country’s turmeric production in 2012 is seen up by near 30 percent at around 10 million bags (1 bag = 70 kg). As of Monday, turmeric arrivals in Erode were around 16500 bags.

Spot price of the finger variety was steady at Rs.4100 ($83.75, €62.30, £52.58) per 100kg.  Turmeric futures are expected to improve on reports of firm price trend in the spot market. As per market source, the traders are accumulating stocks from the local market by quoting lesser rate.

Outlook for the day is negative. NCDEX April contract is getting resistance near of Rs.4900 ($100.09, €74.46, £62.83) with support being Rs.4660 ($95.19, €70.81, £59.76). per quintal.

www.keresspices.com

International Spice Commodities Update – Turmeric

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Turmeric futures prices moved up by Rs 92 ($1.87, €1.41, £1.19) to Rs 4,790 ($97.46, €73.28, £62.00) per quintal today, as speculators created fresh positions, tracking a firming trend at spot market on pick up in demand.

However, Estimates of a bumper crop restricted the gain.

At the National Commodity and Derivatives Exchange, the May contract rose by Rs 92 ($1.87, €1.41, £1.19), or 1.96%, to Rs 4,790 ($97.46, €73.28, £62.00) per quintal, with an open interest of 8,085 lots.

The April contract gained Rs 74 ($1.51, €1.13, £0.96), or 1.58%, to Rs 4,760 ($96.85, €72.82, £61.61) per quintal in 16,220 lots.  Analysts attributed the rise in turmeric futures to fresh buying by speculators after pick-up in demand in the spot market.

www.keresspices.com

International Spice Commodities Update – Turmeric

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All Turmeric contracts ended up at around 4 percent due to strong  demand in spot markets. Despite high production estimates, prices rose due to bulk buying by stockists in local markets especially from  Delhi, Bihar, and Kolkata. A likely increase in export demand also provided mild support to domestic prices.

However, in the long term, turmeric prices may fall on high output estimates as high prices last year led farmers to bring more area under turmeric. According to sources, stocks of turmeric are seen at 1.2 million bags compared with two hundred thousand bags a year ago.  Arrivals of fresh crop have started in small quantities and may gain pace during March-April.

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International Spice Commodities Update – Turmeric

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Turmeric futures traded mixed by taking cues from the price movement in the spot market. Spot prices of the ‘finger variety’ in Erode were largely unchanged at Rs.4200 ($85.01, €64.55, £54.07) per 100 kg. Arrivals were around 7500 bags, up from around 7000 bags last Tuesday. Arrivals included around 5000 bags of new crop. The traders quoted better prices for Mysore and Salem varieties.

Turmeric futures are likely to rise because of good domestic demand and fall in daily arrivals.  As per market source, the  growers were holding their stocks expecting a further rise in prices. However, the arrivals are expected to increase further as the farmers are likely to bring more stocks due to better prices quoted in the market.

International Spice Commodities Update – Turmeric

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Turmeric prices rose by Rs 62 ($1.21, €0.94, £0.79) to Rs 4,716 ($91.67, €71.78, £59.80) per quintal in futures market today, as speculators created fresh positions, driven by pick up in demand in the spot market.

Fresh overseas inquiries also supported the rise in the turmeric prices.

At the National Commodity and Derivatives Exchange, turmeric for delivery in April moved up by Rs 62 ($1.21, €0.94, £0.79) , or 1.33%, to Rs 4,716 ($91.67, €71.78, £59.80) per quintal, with an open interest of 10,515 lots.

Similarly, the spice for delivery in May edged higher by Rs 42 ($0.82, €0.64, £0.53) , or 0.94% to Rs 4512 ($87.70, €68.67, £57.22) per quintal in 4,700 lots.

www.keresspices.com

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