Turmeric concluded with a 0.08% increase at Rs. 26,616, bolstered by a resurgence in demand, diminished selling from stockists, and constrained spot availability as holders limited sales due to apprehensions regarding future supplies. Drought-related crop losses in Karnataka have bolstered bullish sentiment, as an official joint survey estimates turmeric damage across 13,446 hectares, valued at Read More
Turmeric concluded the trading session at Rs. 24,904, reflecting a decline of 1.67%. This decrease can be attributed to profit booking following recent gains, which were fuelled by a resurgence in demand, limited spot availability, and diminished selling from stockists. Carry-forward stocks have decreased to around 15 lakh bags, down from more than 20 lakh Read More
Turmeric concluded with a 3.99% increase, reaching Rs 25,328, bolstered by a resurgence in demand, diminished selling from stockists, and constrained spot availability as holders opted to retain stocks after previous liquidations. Concerns regarding El Nino-associated weather risks and insufficient rainfall during crucial crop development phases have further bolstered prices, especially in the context of Read More
Turmeric concluded the trading session with an increase of 2.07%, reaching Rs. 22,968, reflecting a gain of Rs. 466. This uptick was underpinned by a resurgence in demand, a decrease in stockist selling, and constrained availability in the spot market. Stockholders have begun to withhold supplies in the wake of prior liquidation, as apprehensions regarding Read More
Turmeric experienced an increase of 1.81%, closing at Rs 15,090, bolstered by lower-than-average arrivals and consistent demand both domestically and for exports. Farmers and stockists have reportedly diminished their inventories, constraining near-term supplies and bolstering prices in anticipation of the new crop. Nevertheless, potential gains could be limited as new entrants in Erode are anticipated Read More
