Turmeric concluded the trading session with an increase of 0.78%, reaching a level of Rs 20,402. This rise was underpinned by apprehensions regarding hand-to-mouth availability, insufficient rainfall, and the possible repercussions of El Nino on the recently sown crop. Lower-than-expected expansion in sowing across key growing regions has raised concerns over upcoming production, while carry-forward Read More
Turmeric settled up 3.62% at Rs 20,158, bolstered by a tight supply situation, apprehensions regarding the El Nino effect on the newly sown crop, and a lower-than-anticipated increase in sowing across major growing regions, which has heightened concerns about diminished production in the forthcoming harvest. Persistent dry conditions during the early crop development phase could 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
Turmeric experienced a significant decline of 5.73%, closing at Rs 20,494, as profit-taking surged following the resurgence of monsoon conditions in Maharashtra, Telangana, and North Karnataka, which alleviated worries regarding dry weather and possible crop damage. Enhanced rainfall and the replenishment of critical reservoirs in Telangana and Andhra Pradesh have secured improved water availability during Read More
Turmeric concluded with a gain of 1.63%, reaching Rs.22,038, bolstered by a tight supply scenario, diminishing carry-forward inventories, and apprehensions that arid conditions and a possible El Nino may impact the recently planted crop. Lower-than-expected expansion in key growing regions initially heightened concerns regarding reduced production, while carry-forward stocks have decreased to approximately 15 lakh Read More
