Commodity Update- India's Chilli traders likely to hit by plant quarantine norms
Spices Board of India has proposed to extend the plant quarantine norms to all the buying countries. Red Chilli exporters in India will be hit if the plant quarantine certification requirement is extended to all consignments after December 31.
At present, the certification is required only for Chilli exports to Mexico, which detected the presence of beetle in some of the consignments from India over a year ago.
Chilli is the largest exported spice from India, having clocked earnings of Rs 4,256 crore last year.
If the proposal is implemented, exporters will have to produce a certificate that the Chilli is from warehouses registered with the Directorate of Plant Protection Quarantine and Storage for each consignment.
Vietnam is currently the largest buyer of Indian Chillies, followed by Thailand, USA, Sri Lanka, and Malaysia. Mexico is not a major buyer. Mexico used to buy Chillies from China but shifted to India when Chinese Chillies became costly.
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