Turmeric prices concluded at Rs 22,552, reflecting a 0.71% increase, bolstered by constrained spot availability, diminished carry-forward stocks, and apprehensions that irregular monsoon rainfall may impact the current crop. Market sentiment exhibited resilience as traders persisted in evaluating the prospective effects of El Niño on planting and agricultural growth. Recent rainfall has enhanced soil moisture Read More
Jeera prices decreased by 0.82%, closing at Rs 21,085, influenced by heightened farmer selling and enhanced arrivals, which negatively impacted market sentiment. Producers persisted in liquidating stocks to raise cash for the current Kharif sowing season, as favourable weather conditions throughout north-west India expedited harvesting, drying, and market arrivals. Increasing stock levels in NCDEX warehouses Read More
Turmeric futures experienced a notable increase of 3.80%, closing at Rs 22,392. This rise can be attributed to constrained spot supplies and heightened apprehensions regarding the possible effects of El Niño on the ongoing crop sowing. Market sentiment improved as insufficient rainfall in various producing areas heightened concerns over reduced yields, while decreasing carry-forward stocks Read More
Jeera futures concluded with a 1.60% increase at Rs 21,260, bolstered by a reduction in supplies of premium-quality bold seeds, even in the context of sufficient overall crop availability. Export-grade, high-purity jeera has become increasingly scarce as daily arrivals at major trading centres like Unjha in Gujarat and key markets in Rajasthan continue to decline. Read More
Turmeric prices experienced a notable increase of 3.43%, closing at Rs 21,572. This rise is attributed to constrained spot supplies, diminishing carry-forward stocks, and ongoing apprehensions regarding crop development due to unpredictable weather conditions. Market sentiment improved as inadequate rainfall in various producing areas heightened concerns over reduced yields in the current sowing season, while Read More
Jeera prices declined by 0.33% to close at Rs 20,925, influenced by heightened selling from farmers and better market arrivals, which negatively impacted sentiment. Farmers persisted in liquidating stocks to generate cash for Kharif sowing activities, while favourable weather conditions across North-West India facilitated harvesting, drying, and market arrivals. The consistent increase in NCDEX warehouse Read More
