Turmeric settled 0.57% higher at Rs 20244, bolstered by a hand-to-mouth supply situation, lower-than-anticipated sowing expansion in key growing regions, and apprehensions that inadequate rainfall and a potential El Nino could impact the forthcoming crop. Carry-forward stocks have experienced a notable decline in recent years, with industry estimates indicating that current stocks stand at approximately Read More
Jeera settled 0.61% higher at Rs 21440, bolstered by a swift reduction in the availability of premium-quality bold seeds, despite the overall physical crop supplies remaining relatively stable. Daily arrivals at major markets, including Unjha and Rajasthan, have begun to decrease, while blight disease in certain regions of Gujarat has adversely affected both crop quality Read More
Turmeric settled 0.56% higher at Rs 20,130, driven by concerns regarding a hand-to-mouth supply situation, lower-than-anticipated sowing expansion in crucial growing regions, and potential weather risks associated with El Nino affecting the newly sown crop. Insufficient rainfall in the initial growth stage has heightened worries regarding crop development and yield potential, while a decrease in Read More
With daily deliveries in important markets like Unjha and Rajasthan beginning to drastically fall, Jeera settled 1.31% higher at Rs 21,310 despite rapid constriction in the supply of premium-quality bold seeds. While the general availability of physical crops remains stable, the supplies of export-grade high-purity bold seeds are diminishing more rapidly than anticipated. Additionally, blight Read More
Guar gum prices experienced an increase of Rs 59, reaching Rs 13,064 per quintal in futures trade on Wednesday. This rise can be attributed to speculators augmenting their holdings in response to robust spot demand. On the National Commodity and Derivatives Exchange, guar gum contracts for September delivery experienced an increase of Rs 59, or Read More
Guar seed prices increased by Rs 32 to Rs 6,702 per quintal in futures trade on Wednesday, driven by heightened investor speculation. On the National Commodity and Derivatives Exchange, guar seed contracts for September delivery increased by Rs 32, or 0.48 per cent, reaching Rs 6,702 per quintal, accompanied by an open interest of 49,505 Read More
Turmeric settled sharply lower by 3.50% at Rs 20,018 as profit booking intensified after improved monsoon activity across Maharashtra, Telangana and North Karnataka eased concerns over crop damage and water availability. Key reservoirs in Telangana and Andhra Pradesh have also improved, ensuring reliable water supply during the vegetative stage and reducing immediate crop failure fears. Read More
Jeera settled lower by 0.71% at Rs 21,035 as aggressive farmer liquidation increased ahead of the upcoming season, with favourable weather in Northwest India facilitating faster harvesting and drying, thereby accelerating deliveries. Increasing NCDEX warehouse stocks have diminished the immediacy for spot procurement, as major industrial spice grinders and domestic processors exercise caution, opting to Read More
On Tuesday, the prices of cottonseed oil cake declined by Rs 4, settling at Rs 3,322 per quintal in futures trade, as market participants scaled back their positions in response to a lacklustre trend observed in the spot market. On the National Commodity and Derivatives Exchange, cottonseed oil cake for December delivery experienced a decline Read More
Coriander prices on Tuesday declined by Rs 336 to Rs 16,020 per quintal in futures trade as participants reduced their positions in response to subdued demand in the spot market. On the National Commodity and Derivatives Exchange, coriander contracts for October delivery decreased by Rs 336, or 2.05 per cent, settling at Rs 16,020 per Read More
Turmeric prices concluded with an increase of 0.70%, reaching attributed to a tight supply scenario, less-than-anticipated growth in sowing within major cultivation areas, and apprehensions that El Nino and insufficient rainfall may impact the maturing crop. Declining carry-forward stocks accumulated over the past three to four years have further tightened availability, with industry estimates placing Read More
Jeera prices concluded with an increase of 1.34% at Rs 21,185, bolstered by a swift reduction in the availability of premium-quality bold seeds, as the supplies of export-grade high-purity seeds are diminishing more rapidly than the overall physical crop availability. Daily arrivals at major markets, including Unjha and Rajasthan, have begun to decrease markedly, while Read More
Due to a hand-to-mouth supply crisis, worries about El Nino, and lower-than-expected seeding expansion in important growing regions, turmeric settled considerably higher by 2.19% at Rs 20,600, prompting concerns about decreased output in the upcoming crop. Deficient rainfall during the early crop development phase has heightened yield concerns, while carry-forward stocks accumulated over the past Read More
Jeera settled higher by 0.50% at Rs 20,905, as the tightening availability of premium-quality bold seeds bolstered prices, with export-grade high-purity supplies diminishing more rapidly than the overall physical availability. Daily arrivals at major markets like Unjha in Gujarat and Rajasthan have decreased markedly, while blight disease in critical areas of Gujarat has diminished both Read More
Turmeric settled up 3.62% at Rs 20,158, bolstered by a tight supply situation, apprehensions regarding the El Nino effect on the newly sown crop, and a lower-than-anticipated increase in sowing across major growing regions, which has heightened concerns about diminished production in the forthcoming harvest. Persistent dry conditions during the early crop development phase could Read More
Jeera settled up 0.27% at Rs 20,800, bolstered by a swift contraction in the availability of premium-quality bold seeds, despite total physical crop supplies remaining relatively stable. Daily arrivals at major trading centers, including Unjha in Gujarat and regions of Rajasthan, have begun to show a notable decline. Concurrently, the presence of blight disease in Read More
Turmeric prices experienced a significant decline of 5.07%, closing at Rs 19,454. This drop can be attributed to intensified profit booking following enhanced monsoon activity in Maharashtra, Telangana, and North Karnataka, which alleviated previous worries regarding dry weather and the risk of crop losses. Reservoir levels in Telangana and Andhra Pradesh have shown improvement, which Read More
Jeera prices concluded at Rs 20,745, reflecting a decline of 0.84%. This downturn can be attributed to farmers actively liquidating their stocks to enhance cash flow in preparation for the Kharif sowing season. Additionally, favourable weather conditions in Northwest India have facilitated quicker harvesting and drying processes, thereby increasing market arrivals. Increasing NCDEX warehouse stocks Read More
Turmeric experienced a significant decline of 5.73%, closing at Rs 20,494, as profit-taking surged following the resurgence of monsoon conditions in Maharashtra, Telangana, and North Karnataka, which alleviated worries regarding dry weather and possible crop damage. Enhanced rainfall and the replenishment of critical reservoirs in Telangana and Andhra Pradesh have secured improved water availability during Read More
Jeera concluded the trading session with an increase of 0.41%, reaching Rs 20,920. This rise is attributed to the diminishing supply of premium-quality bold seeds, as arrivals in key markets like Unjha and Rajasthan have begun to decline. While the general physical availability holds steady, the supply of export-grade, high-purity bold seeds is diminishing more Read More
