Spice Market

NCDEX Live Updates

Jeera prices experienced a slight decline, closing at Rs 22,335, reflecting a decrease of 0.22%. This movement can be attributed to ample near-term supplies and a lack of robust export demand, coupled with sufficient existing inventories. Market sentiment exhibited a degree of caution, as the retail demand season has largely reached its conclusion. Overseas purchasing Read More

NCDEX Live

Turmeric prices experienced an upward movement, concluding with a rise of 2.55% at Rs 17,128, bolstered by lower-than-average arrivals and robust demand both domestically and internationally. Market sentiment continues to exhibit positivity, as both farmers and stockists have notably diminished their holdings, establishing a robust foundation in anticipation of the forthcoming crop arrivals. Supply-side concerns Read More

NCDEX Live Updates

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

NCDEX Live Updates

Jeera prices experienced a slight increase, closing up 0.07% at Rs 21,150, as ongoing weather disruptions and postponed sowing provided continued support. In Gujarat, the principal state for cumin production, sowing reached 3.24 lakh hectares as of December 15, reflecting a decline of nearly 14% compared to the previous year, attributed to irregular rainfall that Read More

NCDEX Updates

Turmeric prices experienced a decline of 0.83 percent yesterday, settling at Rs 16,012. This decrease was largely influenced by anticipations of increased acreage due to favorable monsoon conditions during the current sowing season. Nonetheless, the potential drawbacks appear constrained owing to arrivals that are below the norm and a persistent demand both domestically and internationally. Read More

NCDEX Live News

Jeera prices yesterday concluded with a slight decline of 0.26 percent at Rs 21,135, despite ongoing weather-related challenges and postponed sowing that continued to provide fundamental support to the market. Nevertheless, the potential for price increases was limited by ample supplies and a lack of robust export interest, as the majority of foreign demand was Read More