Turmeric prices experienced a significant rebound, closing 2.85% higher at Rs 18,390, primarily fuelled by short covering following recent declines. Earlier weakness was associated with enhanced monsoon rainfall, which alleviated worries regarding the forthcoming crop and fostered optimism about improved production prospects. Market participants remain vigilant in observing weather conditions to assess the potential for Read More
Turmeric prices experienced a rebound of 1.92%, concluding at Rs 17,512. This uptick was bolstered by short covering following recent declines, which were influenced by heightened farmer selling during the peak harvest season. Increased arrivals at key mandis have momentarily exceeded demand, as significant stockpiles of approximately 1.13 lakh bags in Warangal have led to Read More
Turmeric prices experienced a decline of 1.47%, settling at Rs 16,868. This decrease can be attributed to heightened selling pressure from farmers coinciding with the peak harvest season. Increased daily arrivals at major mandis have exceeded current demand, leading to a temporary decline in prices. Market sentiment was further influenced by reports of substantial stocks, Read More
Turmeric prices increased by 1.54% to close at Rs 16,382, bolstered by renewed buying interest, even as there is continued pressure from heightened arrivals during the peak harvest period. Market participants kept a close eye on the increased selling activity from farmers, as producers ramped up stock liquidation to secure funds for the forthcoming Kharif Read More
Turmeric futures exhibited notable resilience throughout May 2026, even in the face of sporadic profit-taking and increased seasonal arrivals. This behaviour suggests that the overarching market dynamics remain supportive of bullish sentiment. Following a significant correction from the January 2026 peak close to Rs 19,050 to the April trough approximately Rs 13,850 amid intense harvesting Read More
Turmeric prices concluded with an increase of 0.67% at Rs 16,012, reflecting ongoing constraints in physical supplies from major producing areas in Maharashtra and Telangana. Arrivals in major mandis have consistently fallen short of normal levels, even amidst the peak marketing season. Concurrently, moisture-related quality concerns and rhizome rot in low-lying regions have diminished the Read More
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