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
Turmeric concluded with a slight increase of 0.14% at Rs. 26,316, buoyed by constrained pipeline supplies, reduced acreage forecasts for the forthcoming season, and apprehensions regarding unfavourable weather patterns in key production areas.However, prices encountered profit booking following the recent rally, while international enquiries from Bangladesh, the Middle East, and Southeast Asia experienced a temporary Read More
Turmeric concluded the session at Rs. 26,280, reflecting a decline of 1.45%. This downturn can be attributed to profit booking following a recent surge, which was fuelled by constrained pipeline supplies and anticipations of reduced acreage in the forthcoming season. Overseas enquiries from Bangladesh, the Middle East, and Southeast Asia experienced a temporary slowdown as Read More
Turmeric settled 0.85% lower at Rs. 26,668 per quintal, reflecting profit booking following a recent rally fuelled by constrained pipeline supplies and anticipations of reduced acreage for the forthcoming season. Overseas enquiries from Bangladesh, the Middle East, and Southeast Asia experienced a temporary slowdown as buyers anticipated price stability. Concurrently, physical trading activity in Nizamabad, Read More
Turmeric concluded the trading session with a gain of 1.23%, reaching Rs. 26,762. This increase was bolstered by a resurgence in demand, a decrease in stockist selling, and constrained availability in the spot market. Stockholders are increasingly hesitant to liquidate inventories after previous selling phases, as apprehensions regarding dry weather and the possibility of El Read More
Turmeric experienced a decline of 2.03%, closing at Rs 26,436, as profit booking took place following a period of price appreciation driven by renewed demand, decreased stockist selling, and limited spot availability. Despite the correction, prices continued to receive support from declining carryforward stocks, drought-related crop damage, and concerns regarding the impact of El Niño-like Read More
Turmeric experienced a decline of 1.22%, closing at Rs 26,984, attributed to profit booking following recent gains. This downturn comes in the context of renewed demand, diminished stockist selling, and constrained spot availability. Declining carry-forward stocks and apprehensions regarding weather-related crop damage persisted in offering foundational support. In Karnataka, drought conditions have impacted turmeric cultivation Read More
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 with a 2.59% increase, reaching Rs 25,550. This rise was bolstered by a resurgence in demand, a decrease in stockist selling, and constrained availability in the spot market. Stockholders have shown hesitance in liquidating inventories after previous selling phases, as apprehensions regarding dry weather and possible El Niño effects have 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 session at Rs. 24,356, reflecting a decline of 0.89% as profit booking emerged following recent gains. Nonetheless, the market remained buoyed by renewed demand, diminished selling from stockists, and constrained spot availability, which provided a foundation of support. Stockholders have shown hesitance in liquidating inventories, as apprehensions regarding El Niño-induced dry spells Read More
Turmeric closed up by 0.61% at Rs 24,574, buoyed by a resurgence in demand, diminished selling from stockists, and constrained spot availability as holders refrained from selling stocks after previous liquidations. Concerns regarding drought-induced crop losses in Karnataka and the potential effects of El Nino have bolstered prices. However, the enhancement of monsoon conditions in Read More
Turmeric settled 0.32% higher at Rs. 24,424, gaining Rs. 78 amid renewed demand, reduced stockist selling and tight spot availability. Stockholders have become reluctant to liquidate inventories following earlier selling phases, while concerns over deficient rainfall, El Niño risks and potential yield losses have supported prices. Karnataka’s joint drought survey reported turmeric crop losses across Read More
Turmeric experienced a significant increase of 6%, closing at Rs 24,346. This rise can be attributed to heightened demand, limited availability in the spot market, and a decrease in selling activity by stockists, who are now holding back supplies due to apprehensions regarding future availability. Prices also increased due to concerns over El Niño-related dry 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 concluded the session at Rs 22,222, reflecting a decline of 0.49% as profit booking set in following a recent surge prompted by significant drought concerns in Karnataka and anticipations of reduced production and future supplies. As per the collaborative drought assessment conducted by the Karnataka State Department of Horticulture, the Revenue Department, and KSDMA, Read More
Turmeric concluded the trading session at Rs 21,240, reflecting a decline of 1.14%. This decrease can be attributed to the resurgence of monsoon conditions in Maharashtra, Telangana, and North Karnataka, which alleviated worries regarding dry weather and the associated risks of crop losses. Enhanced precipitation has contributed to the replenishment of vital reservoirs in Telangana Read More
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
Turmeric concluded with an increase of 0.81% at Rs 20,750, bolstered by a tight supply scenario, diminished carry-forward inventories, and apprehensions that arid conditions and El Nino may impact the recently planted crop. Lower-than-expected sowing expansion in key growing regions has raised concerns over upcoming production, while continued dryness during early crop development could adversely Read More
Turmeric concluded the trading session with an increase of 1.11%, reaching Rs 20,584. This rise is attributed to a tight supply scenario, apprehensions regarding inadequate rainfall, and worries that El Nino conditions may impact the ongoing crop sowing. Subpar growth in sowing activities within critical agricultural zones has heightened apprehensions regarding forthcoming production levels, particularly Read More
