Turmeric Analysis

NCDEX Updates

Turmeric prices concluded the trading session with an increase of 1.65%, reaching Rs 28026, driven by active profit booking following a price rally attributed to constrained pipeline supplies and diminished acreage forecasts for the forthcoming season. Overseas enquiries from key destinations in Bangladesh, the Middle East, and Southeast Asia experienced a temporary slowdown as buyers Read More

NCDEX Live Updates

Turmeric prices edged higher by 0.23% to settle at Rs. 28,414, as tight pipeline supplies, lower acreage estimates and concerns over adverse weather conditions supported the market, although profit booking emerged after the recent sharp rally. Overseas inquiries from Bangladesh, the Middle East and Southeast Asia temporarily slowed as buyers awaited price stability, while physical Read More

NCDEX Updates

Turmeric settled sharply higher by 4.77% at Rs. 27,572, supported by tight pipeline supplies, lower acreage estimates for the upcoming season and concerns over adverse weather conditions in major producing regions. Total arrivals declined to around 6,000 bags, approximately 2,000 bags lower than the previous trading session, reinforcing supply concerns. Persistently dry weather in Maharashtra Read More

NCDEX Live

Turmeric prices increased by 0.50%, closing at Rs 26,896, driven by apprehensions regarding unpredictable weather patterns in key production areas and diminished market arrivals. Total arrivals were estimated at approximately 6,000 bags, a decrease of nearly 2,000 bags from the prior trading session, thereby reinforcing bullish sentiment. Persistently dry weather in certain areas of Maharashtra Read More

NCDEX Live News

Turmeric settled sharply higher by 3.26% at Rs 21,426 amid a hand-to-mouth supply situation, lower-than-expected sowing expansion and concerns that deficient rainfall and El Nino conditions could affect the crop currently being sown. Continued dry weather during early crop development has raised yield risks, while carry-forward stocks have declined to around 15 lakh bags from Read More

NCDEX Live Updates

Turmeric prices concluded with an increase of 1.35%, reaching Rs 20,358. This rise is attributed to a tight supply scenario, less-than-anticipated sowing growth, and apprehensions regarding insufficient rainfall and the potential impact of El Nino conditions on the growing crop. Declining carry-forward stocks accumulated over the past three to four years have further tightened availability, Read More

NCDEX Live Updates

Turmeric concluded the trading session at Rs 20,710, reflecting a decline of 0.87%. This decrease can be attributed to the resurgence of monsoon activity in Maharashtra, Telangana, and North Karnataka, which has alleviated worries regarding dry weather and enhanced expectations for the forthcoming crop. Reservoir levels in Telangana and Andhra Pradesh have shown improvement, which Read More

NCDEX Live

Turmeric concluded the trading session at Rs 20,892, reflecting a decline of 1.08%. This drop can be attributed to the resurgence of monsoon conditions in Maharashtra, Telangana, and North Karnataka, which alleviated worries regarding arid weather and enhanced expectations for the forthcoming harvest. Reservoir levels in Telangana and Andhra Pradesh have shown improvement, which enhances Read More

NCDEX Live Updates

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

NCDEX Updates

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

NCDEX Live Updates

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

NCDEX Live Updates

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

NCDEX Live Updates

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

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