BusinessThe crop in Vietnam, the world's largest producer and exporter, is seen at about 80,000-85,000 tonnes this year, compared with about 100,000 tonnes last year, analysts and exporters said.
In India, the world's second largest producer and exporter, output was 50,000 tonnes this year, almost steady from last year, according to the Spices Board.
Spot pepper rose 0.6 percent to 14,486 rupees per 100 kg in Kochi, a major spices hub In Kerala.
JEERA:
Indian jeera futures were trading higher, tracking a price rise in Syria, the world's second largest producer, analysts said.
Prices in Syria have been rising on estimates of a lower crop, which will arrive in July, they said.
Spot jeera rose 0.4 percent to 10,600 rupees per 100 kg in Unjha, a major trading hub in Gujarat.
TURMERIC:
Turmeric futures were trading higher due to decreasing arrivals in the spot market and on a drop in output in 2007/08, analysts said.
Traders estimate reduced acreage and unseasonal rains may cut output in 2007/08 to 4.2 million bags of 70 kg each from 5.4 million bags a year ago.
However, gains were capped as monsoon rains covered most parts of the southern state of Andhra Pradesh, the biggest producer, boosting hopes it may prompt farmers to expand acreage, analysts said.
CHILLI:
Chilli futures pared gains on expectation Guntur market in southern state of Andhra Pradesh will receive higher arrivals, when it will resume trading on Monday, analysts said.
However, scarcity of quality produce in the spot market and good export demand from Bangladesh and Malaysia was restricting the downside.
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