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
Turmeric concluded at Rs 21,684, reflecting a 1.99% increase, bolstered by a tight supply scenario, diminishing carry-forward inventories, and apprehensions regarding the potential impact of El Nino on the ongoing sowing season. Lower-than-anticipated sowing expansion in several crucial agricultural regions, coupled with insufficient rainfall, has heightened apprehensions regarding total production. Furthermore, persistent dry conditions during Read More
Turmeric concluded the trading session with a 3.59% increase, reaching a level of Rs 20,684. This upward movement was bolstered by a combination of factors including tightening supplies, a reduction in carry-forward stocks, concerns over insufficient rainfall, and apprehensions regarding the potential impact of El Nino on the newly sown crop. The market remains sensitive Read More
Jeera concluded with a slight increase of 0.07% at Rs 20,725, bolstered by the swiftly diminishing availability of high-quality bold seeds, even as the overall physical crop supplies remained stable. Daily arrivals at major markets like Unjha and Rajasthan have begun to decline, while blight disease in crucial Gujarat producing regions has diminished both the 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
Turmeric prices experienced a notable increase of 3.82%, concluding at Rs 21,750. This rise can be attributed to significantly reduced market arrivals, constrained spot supplies, and consistent export demand. Arrivals decreased to approximately 8,500 bags from 18,000 bags in the prior session, primarily attributed to the closure of significant markets in Maharashtra, coupled with heightened 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
