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Turmeric Prices Drop Amid Supply Surge in Mandis

NCDEX Live Updates

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 dip as fresh cumin floods the market

NCDEX Live Updates

Jeera prices experienced a decline of 1.34%, concluding at Rs 22,100, influenced by the influx of the new crop in major mandis and favorable supply conditions. Weak export demand, especially from China, has contributed to a decline in sentiment, resulting in an accumulation of domestic stocks. Farmers are engaging in sales within local markets to Read More

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