Tea companies reckon that unless the prices pick up, the industry will be in dire straits.
India is currently the largest consumer of cashew globally at over 300,000 tonnes annually.
Jeera is the second largest exported spice from India earning Rs 2,000 crore annually.
As per reports by Globefish, the FAO information and analysis wing of fisheries and aquaculture, India and Ecuador are two top shrimp producers in the world.
Rubber Board has projected a 17 per cent drop in import year-on-year to 415,000 tonne for FY20.
Growers reckon the production is likely to be below 10,000 tonnes.
When the harvest of the new crop begins in December, the prices are expected to fall further.
Teja, the premium variety of chilli and the largest exported spice from India, is ruling between Rs 160 to Rs 170 per kg, about 60% higher from a year ago.
Good rains this year are likely to push up production.
This happened at a time when pepper prices in Sri Lanka crashed to $2,800 from $3,800 per tonne, while the MIP in India was $7,000 per tonne (Rs 500 per kg).
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