Turmeric prices continued their downward trend yesterday, closing 0.62% lower at Rs 15,934. This decline was influenced by increasing arrivals in major producing mandis, including Nizamabad, Erode, and Hingoli, which led to temporary oversupply conditions in the spot market. Farmers have expedited stock liquidation to enhance liquidity in anticipation of the forthcoming Kharif sowing season, Read More
As a result of the lack of demand in the spot market, speculators made the decision to reduce their positions, which led to a decrease of Rs 34 in the price of coriander, which ultimately finished at Rs 12,606 a quintal in futures trade on Tuesday. According to the National Commodity and Derivatives Exchange, contracts Read More
Turmeric yesterday settled lower by 1.18% at Rs 16,034, as increased arrivals in key mandis such as Nizamabad, Erode, and Hingoli led to a temporary oversupply in the physical market. Farmers maintained a robust selling strategy to enhance liquidity in anticipation of Kharif sowing activities, while the surge in arrivals of late-harvested, high-moisture turmeric led Read More
Jeera settled lower yesterday by 1.02% at Rs 19,940, as the influx of fresh crop from key producing regions in Rajasthan alleviated previous worries about supply constraints. Favorable weather conditions across North-West India allowed farmers to expedite harvesting activities, leading to a significant supply surge rather than a staggered market arrival pattern. Farmers are actively Read More
Turmeric futures increased by 0.35% to close at Rs 15,988, bolstered initially by limited spot availability in major mandis located in Maharashtra and Telangana. During the peak season, arrivals have been lower than usual, and quality has deteriorated due to moisture-related rhizome rot, which has limited the supply of premium “Double Polished” varieties. The sentiment Read More
Turmeric prices experienced a decrease of 0.39%, concluding at Rs 15,932, largely influenced by heightened arrivals in major mandis including Nizamabad, Erode, and Hingoli. The expedited selling by farmers to address liquidity requirements for the forthcoming Kharif sowing has resulted in a short-term oversupply, thereby exerting additional downward pressure on prices. Furthermore, the influx of Read More
Jeera experienced a decline of 1.14%, closing at Rs 20,445, influenced by an influx of new crop arrivals from major Rajasthan centers. Accelerated harvesting, attributed to advantageous weather conditions, resulted in a notable supply increase, as farmers heightened their selling activities to address liquidity requirements for the forthcoming Kharif sowing, thereby exerting persistent downward pressure. Read More
Turmeric prices experienced a slight decline of -0.14%, settling at Rs 15,994. This movement was influenced by heightened arrivals in major mandis, including Nizamabad, Erode, and Hingoli, leading to a temporary oversupply in the market. Farmers expedited the liquidation of stock to address liquidity requirements in anticipation of Kharif sowing, while increased arrivals of moisture-laden, Read More
Jeera prices increased by 1.77% to close at Rs 20,680, driven by worries regarding crop damage and a reduction in the availability of premium quality supplies. Recent thunderstorms and hailstorms in Rajasthan have adversely affected standing crops at the harvest stage, heightening concerns regarding diminished “A-grade” output. Furthermore, atypical rainfall in North-West India has hindered Read More
Turmeric prices experienced a decline of -0.52%, concluding at Rs 16,016, influenced by a significant increase in arrivals at major mandis including Nizamabad, Erode, and Hingoli. The swift liquidation of agricultural produce by farmers, driven by liquidity requirements ahead of the Kharif sowing season, has resulted in a short-term oversupply in the market. Furthermore, the Read More
Jeera prices experienced a recovery of 1.14%, concluding at Rs 20,320, bolstered by short covering and apprehensions regarding crop quality. Weather disruptions, such as thunderstorms and hail in Rajasthan, have adversely affected standing crops at the harvest stage, heightening concerns regarding the diminished availability of premium “A-grade” produce. Unseasonal rains in North-West India have resulted Read More
Turmeric prices experienced a decline of -1.96%, settling at Rs 16,100, influenced by a significant rise in arrivals at major mandis including Nizamabad, Erode, and Hingoli. The increase in supply, prompted by farmers hastening their sales to address liquidity requirements for the forthcoming Kharif sowing, resulted in a short-term oversupply in the market. Moreover, increased Read More
Jeera prices experienced a notable decrease of -3.69%, closing at Rs 20,090, largely influenced by increased arrivals and proactive selling by farmers. Daily arrivals at Unjha persisted at approximately 28,500 bags, resulting in a pronounced supply surplus in the spot market. Recent inflows from Rajasthan, coupled with accelerated harvesting attributed to favorable weather conditions, have Read More
Turmeric prices increased by 2.23%, closing at Rs 16,474, bolstered by constrained supply conditions in major producing areas. Arrivals at key mandis in Maharashtra and Telangana have fallen short of normal levels during the peak season, resulting in a significant supply constraint. Concerns regarding quality, especially those associated with moisture, such as rhizome rot, have Read More
Turmeric prices increased by 0.4% to close at Rs 16,166, bolstered by limited arrivals in major mandis throughout Maharashtra and Telangana during the peak season. Restricted inflows, coupled with quality concerns such as rhizome rot in low-lying regions, have diminished the supply of premium “Double Polished” export-grade material. In significant centers like Sangli and Nizamabad, Read More
Jeera prices declined by 0.67% to close at Rs 21,590, as consistent arrivals of approximately 28,500 bags in Unjha persisted in limiting the upward potential. Notwithstanding this, arrivals continue to be lower compared to the previous year, suggesting a more constrained spot availability. Weather disruptions have notably affected crop yields—heatwaves in Gujarat during critical growth Read More
When futures trading took place on Friday, the price of coriander increased by Rs 22, reaching a total of Rs 12,808 per quintal. One possible explanation for this increase is that speculators have increased their holdings, which was driven by a strong trend that was noticed in the spot market. The price of coriander contracts Read More
Price consolidation near moving averages indicates sideways market structure. Resistance at 11,550–11,600 limits upward movement. Recent falls were held by strong support between 11,050–10,850. Short-term momentum is improving as RSI rises into mid-zone. MACD bullish crossover suggests rising movement. Coriander futures on the 1-hour period are consolidating around the 50 MA and 200 MA, indicating Read More
Turmeric prices experienced a modest increase of 0.04%, concluding at Rs 15,806, bolstered by reduced arrivals in major mandis. Producers and distributors are restraining supply in expectation of improved pricing, thereby sustaining a robust market sentiment. Crop conditions, however, exhibit a mixed outlook. Unseasonal rains and disease pressure in key producing states such as Maharashtra, Read More
Turmeric prices experienced a decrease of 2.16%, concluding at Rs 15,800, as traders and stockists opted to realize profits following the recent surge attributed to constrained arrivals. Despite this correction, the overall tone of the market remains robust, underpinned by diminished carry-forward stocks and limited selling from farmers who are withholding produce in expectation of Read More
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