Turmeric concluded at Rs 20,500, reflecting a 0.98% increase, driven by a tight supply scenario, limited sowing growth, and apprehensions regarding insufficient rainfall and El Nino conditions potentially impacting the growing crop. Prolonged dry conditions in the early growth phase could lead to diminished yields, coupled with a notable decrease in carry-forward stocks over recent Read More
Turmeric settled 1.13% lower at Rs 20,302 as enhanced monsoon activity in Maharashtra, Telangana, and North Karnataka alleviated worries regarding dry weather and the risk of crop damage. Reservoir levels in Telangana and Andhra Pradesh have shown improvement, which ensures enhanced water availability during the vegetative phase. Additionally, rainfall has facilitated the completion of re-sowing Read More
Jeera settled 1.26% lower at Rs 21,100 as farmers aggressively liquidated stocks to generate cash flow for the upcoming season. Favourable weather in Northwest India facilitated faster harvesting and drying, thereby accelerating market arrivals. Increasing NCDEX warehouse stocks have diminished the necessity for immediate spot procurement, as major industrial spice grinders are refraining from bulk Read More
Even if overall physical supplies are still pretty stable, Jeera closed slightly higher by 0.07% at Rs 21,455 thanks to a quick tightening of the supply of premium-quality bold and export-grade high-purity seeds. Daily arrivals at major markets, including Unjha in Gujarat and those in Rajasthan, have begun to decrease. Concurrently, outbreaks of blight in Read More
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
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
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 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
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 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
Turmeric concluded the session at Rs 21,740, reflecting a decline of 1.35% as traders engaged in profit-taking following recent increases. Concurrently, enhanced monsoon conditions in Maharashtra, Telangana, and North Karnataka alleviated worries regarding crop stress. Enhanced reservoir levels in Telangana and Andhra Pradesh have secured improved water availability during the vegetative phase, alleviating concerns regarding Read More
Jeera settled 0.48% higher at Rs 20,835, bolstered by a reduction in the availability of premium-quality bold seeds, as arrivals in key markets such as Unjha and Rajasthan started to decline. While the general physical availability remains consistent, the supplies of export-grade high-purity seeds are diminishing more rapidly than anticipated. Concurrently, blight outbreaks in significant Read More
While favourable weather in Northwest India sped up harvesting, drying, and deliveries, Jeera settled slightly higher by 0.02% at Rs 20,770 as farmers quickly liquidated stockpiles to generate cash flow for Kharif sowing. NCDEX warehouse stocks have continued to accumulate, diminishing the urgency for spot procurement. Meanwhile, large industrial spice grinders are exercising caution, opting Read More
Turmeric concluded the trading session with a 0.57% increase, reaching Rs 21,134, driven by constrained supplies, diminishing carry-forward stocks, and apprehensions regarding inadequate rainfall and the possible impact of El Niño conditions on the growing crop. Sowing acreage is projected to rise by 16.05% year-on-year starting in 2025, maintaining levels above the five-year average of Read More
Jeera concluded the trading session with a 0.53% increase, reaching Rs 20,765, driven by a reduction in the availability of premium-quality bold seeds, even as the overall physical crop supply remains stable. Daily arrivals at major markets, including Unjha in Gujarat and Rajasthan, have begun to decline, while outbreaks of blight in critical growing regions Read More
Coriander prices on Tuesday increased by Rs 304 to Rs 15,702 per quintal in futures trade, influenced by heightened demand in the spot market. On the National Commodity and Derivatives Exchange, coriander contracts for August delivery increased by Rs 304, or 1.97 per cent, reaching Rs 15,702 per quintal in 7,605 lots. Market analysts indicated Read More
Jeera settled up 0.14% at Rs 20,940, bolstered by a swift contraction in the supply of premium-quality bold seeds. Daily arrivals at major markets like Unjha and Rajasthan have begun to decline, while outbreaks of blight in significant areas of Gujarat have impacted both the quality of crops and the quantities available for harvest. However, Read More
Turmeric prices experienced a notable decline of 5%, settling at Rs 21,546, as profit booking took place following the recent rally. Market sentiment deteriorated as monsoon activity resumed in Maharashtra, Telangana, and North Karnataka, alleviating worries regarding dry conditions and enhancing crop outlooks. Adequate rainfall has replenished key reservoirs in Telangana and Andhra Pradesh, ensuring Read More
Turmeric futures experienced a notable increase of 3.80%, closing at Rs 22,392. This rise can be attributed to constrained spot supplies and heightened apprehensions regarding the possible effects of El Niño on the ongoing crop sowing. Market sentiment improved as insufficient rainfall in various producing areas heightened concerns over reduced yields, while decreasing carry-forward stocks Read More
