Turmeric prices experienced a decline on Wednesday, as the February contract settled down by 0.52% at Rs 17,854. This movement was largely influenced by anticipations of increased acreage due to favorable monsoon conditions prevailing in the current sowing season. For the 2026 harvest, India’s turmeric acreage is estimated at 3.02 lakh hectares, reflecting an increase Read More
A possible region of market disagreement is indicated by the fact that the price is confronted with a barrier around Rs 17,812, which is located close to the 50-day moving average. There is a bearish crossover on the MACD, which indicates that there is a possibility of downside risk in the future. The RSI has Read More
Turmeric prices experienced a significant correction in the last session, closing down by 3.09% at Rs 17,778. This decline was influenced by anticipations of increased acreage due to favorable rainfall during the current sowing season. For the 2025–26 crop year, turmeric acreage is estimated at approximately 3.02 lakh hectares, reflecting an increase of nearly 4% Read More
Turmeric prices experienced a slight decline, decreasing by 0.58% to Rs 18,378, as market participants adjusted their outlook based on anticipated increases in acreage due to favorable rainfall during the ongoing sowing season. For the 2025–26 season, turmeric acreage is estimated at 3.02 lakh hectares, reflecting an increase of approximately 4% year-on-year, while fresh production Read More
Turmeric prices experienced a modest increase, closing up by 0.43% at Rs 17,316, bolstered by lower-than-average arrivals and robust demand both domestically and internationally. Market sentiment exhibited a positive trend, as both farmers and stockists have reportedly diminished their holdings, establishing a robust foundation in anticipation of new crop arrivals. Weather-related disruptions have adversely affected Read More
