Wednesday, 19 December 2012

Poppy seeds price may continue to rise till 2014

Poppy seeds prices continue to rise as demand outstrips supply in domestic and international markets. The Prices of Poppy seeds have surged by Rs 20 a kg in one day lifting it Rs 355-380 a kg and it is expected to top Rs 400 as imports now cost over Rs 400 a kg. Further, there are no new imports as shipment costs are high, following short supply.
A sharp cut in growing area world-over enforced by the Narcotic Control authorities will reduce production significantly and that, in turn, will

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