Turmeric prices exhibited a notable increase, concluding with a rise of 3.63% at Rs 16,804, bolstered by lower-than-average arrivals and persistent demand both domestically and internationally. The enhancement in market sentiment is attributed to the substantial reduction in holdings by both farmers and stockists, establishing a solid foundation in anticipation of the new crop’s arrival. Read More
Turmeric prices experienced a notable increase of 3.5%, concluding at Rs 16,216, bolstered by lower-than-average arrivals and robust demand both domestically and internationally. Market sentiment exhibited resilience as both farmers and stockists have notably diminished their inventories, establishing a robust foundation in anticipation of the forthcoming crop’s arrival. Demand from export markets, especially in Europe Read More
Turmeric prices experienced a significant decline of 2.15%, concluding at Rs 15,668, as market participants responded to anticipations of increased acreage due to favorable monsoon conditions during the ongoing sowing season. The enhancement of planting prospects has exerted downward pressure on short-term sentiment. Nonetheless, the downside appears constrained as arrivals persistently fall short of normal Read More
Turmeric prices experienced a decline of 1.87 percent yesterday, settling at Rs 15,860. This downturn is attributed to expectations of increased acreage due to favorable monsoon rains during the ongoing sowing season. Nonetheless, the potential for downside is constrained by below-normal arrivals and persistent demand both domestically and internationally. Market sentiment remains robust as both Read More
Turmeric prices concluded the trading session down by 1.04% at Rs 16,162, influenced by anticipations of increased acreage due to favorable rainfall during the current sowing season. Preliminary estimates indicate that turmeric acreage may increase by 15–20% as farmers transition from less lucrative crops. The area dedicated to turmeric for the 2024–25 season is already Read More
