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 experienced a decline of 1.81%, closing at Rs 20,844. This downturn was influenced by profit booking, as the resurgence of monsoon activity in Maharashtra, Telangana, and North Karnataka alleviated worries regarding dry weather and potential crop failures. Enhanced reservoir levels in Telangana and Andhra Pradesh have secured greater water availability throughout the vegetative phase, Read More
Turmeric experienced a decline of 1.37%, closing at Rs 20,888. This decrease can be attributed to enhanced monsoon rainfall in critical growing areas, which alleviated worries regarding the forthcoming crop and prompted profit-taking at elevated price points. Recent rainfall over the past five to six days is anticipated to expedite sowing activities, while appealing prices Read More
Jeera prices declined by 0.31%, closing at Rs 20,980, influenced by heightened farmer selling and increased market arrivals that dampened sentiment. Farmers persisted in liquidating stocks to generate cash for Kharif sowing, while favourable weather conditions across North-West India facilitated quicker harvesting and drying, thereby expediting market arrivals. The gradual accumulation of NCDEX warehouse stocks Read More
Turmeric prices experienced a decline of 0.66%, concluding at Rs 21,018. This drop can be attributed to enhanced monsoon rainfall in significant producing areas, which alleviated worries regarding the forthcoming crop and prompted profit-taking activities. Good rainfall over the past week is anticipated to expedite Kharif sowing, with elevated prices expected to incentivise farmers to Read More
Turmeric prices declined by 0.33% to close at Rs 17,880, as profit-taking occurred following recent increases, while enhanced monsoon rainfall has somewhat alleviated worries regarding the forthcoming crop. Improved weather conditions have led to expectations of enhanced production, resulting in a more subdued near-term market sentiment. However, traders continue to closely monitor rainfall distribution, as Read More
Turmeric prices increased by 0.23% to close at Rs 17,552, bolstered by short covering following recent drops. However, the broader market continued to experience challenges due to heightened arrivals during the peak harvesting season. Farmers have sped up the sale of their stocks, leading to increased daily arrivals at major mandis, which are surpassing the Read More
Turmeric prices concluded the trading session with an increase of 1.16%, reaching Rs 16,198. This rise can be attributed to a reduction in available spot supplies coupled with robust demand for high-quality stocks. Arrivals at major mandis in Maharashtra and Telangana fell short of seasonal averages, resulting in a prompt supply constraint during the height Read More
Jeera prices concluded with a slight increase of 0.36% at Rs 19,720, bolstered by apprehensions regarding crop quality and diminished production forecasts in significant producing areas. Recent thunderstorms and hailstorms in Rajasthan have adversely affected standing crops at the harvesting stage, heightening concerns regarding the diminished availability of premium “A-grade” cumin. Unseasonal rains across North-West Read More
Jeera prices experienced an upward movement, increasing by 0.63% to close at Rs 22,465, bolstered by apprehensions regarding weather conditions in significant cultivation areas. The India Meteorological Department has issued a warning regarding increasing temperatures in North Gujarat, which may impact seed development in late-sown crops and subsequently lead to a decline in yields. Overall Read More
