Spices Trading

NCDEX Live Updates

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

NCDEX Live Updates

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

NCDEX Live News

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

NCDEX Live Updates

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

NCDEX Live Updates

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

NCDEX Live Updates

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

NCDEX Live Updates

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

NCDEX Updates

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