Turmeric settled 0.56% higher at Rs 20,130, driven by concerns regarding a hand-to-mouth supply situation, lower-than-anticipated sowing expansion in crucial growing regions, and potential weather risks associated with El Nino affecting the newly sown crop. Insufficient rainfall in the initial growth stage has heightened worries regarding crop development and yield potential, while a decrease in Read More
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
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
Turmeric concluded the trading session with a 0.60% increase, reaching Rs 21,260, influenced by a tight supply scenario, diminishing carry-forward stocks, and apprehensions regarding the potential impact of El Niño on the ongoing crop sowing. Insufficient rainfall and a slower-than-anticipated increase in sowing across critical agricultural areas have heightened apprehensions regarding future output. Additionally, persistent Read More
Turmeric concluded the trading session with a 1.6% increase, reaching Rs 21,014. This rise was bolstered by a reduction in supply, a decrease in carryforward stocks, and apprehensions regarding the impact of El Nino on the newly sown crop. Deficient rainfall during early crop development has raised concerns regarding yields, while lower-than-anticipated sowing expansion in Read More
Turmeric concluded the trading session at Rs 20,864, reflecting a decline of 1.06%. This downturn was influenced by enhanced monsoon conditions in Maharashtra, Telangana, and North Karnataka, which alleviated fears regarding potential crop damage and bolstered anticipations of increased production. The filling of key reservoirs in Telangana and Andhra Pradesh has ensured reliable water availability Read More
Turmeric prices concluded the trading session with a 1.24% increase, reaching Rs 21,088. This rise is attributed to apprehensions regarding insufficient sowing expansion in crucial growing areas, which has heightened concerns about potential production constraints for the forthcoming harvest. However, enhanced monsoon activity in Maharashtra, Telangana, and North Karnataka, coupled with elevated reservoir levels in Read More
Turmeric prices concluded with a slight decline of 0.07% at Rs 20,830, influenced by profit-taking as the resurgence of monsoon conditions in Maharashtra, Telangana, and North Karnataka alleviated worries regarding crop stress. Enhanced reservoir levels in Telangana and Andhra Pradesh have facilitated greater water availability, while precipitation has aided re-sowing efforts in North Karnataka and Read More
Turmeric futures experienced a notable increase of 3.80%, closing at Rs 22,392. This rise can be attributed to constrained spot supplies and heightened apprehensions regarding the possible effects of El Niño on the ongoing crop sowing. Market sentiment improved as insufficient rainfall in various producing areas heightened concerns over reduced yields, while decreasing carry-forward stocks Read More
Turmeric prices decreased by 1.71%, closing at Rs 21,158, as enhanced monsoon conditions alleviated short-term worries regarding the forthcoming crop and prompted profit-taking at higher price points. Improved rainfall in key producing areas has bolstered expectations for increased Kharif acreage and enhanced production prospects, leading to a more subdued market sentiment. Nevertheless, the downside was Read More
Turmeric prices concluded the trading session with a 0.16% increase, reaching Rs 21,526. This uptick was bolstered by diminished market arrivals, constrained spot supplies, and consistent export demand. Daily arrivals experienced a significant decrease, falling to approximately 8,500 bags from 18,000 bags in the prior session. This decline is primarily attributed to the closure of Read More
Turmeric prices concluded at Rs 21,492, reflecting a decline of 1.19%. This decrease can be attributed to enhanced monsoon rainfall in key producing areas, which alleviated short-term worries regarding the forthcoming crop and fostered optimism for increased production in the ongoing Kharif season. Favourable rainfall in the preceding week is anticipated to expedite sowing operations, Read More
Turmeric prices experienced a notable increase of 3.82%, concluding at Rs 21,750. This rise can be attributed to significantly reduced market arrivals, constrained spot supplies, and consistent export demand. Arrivals decreased to approximately 8,500 bags from 18,000 bags in the prior session, primarily attributed to the closure of significant markets in Maharashtra, coupled with heightened Read More
Turmeric prices experienced a decline of 0.32%, concluding at Rs 20,640, as traders took profits following recent increases attributed to reduced arrivals and robust spot market supplies. Arrivals experienced a significant decrease, falling to approximately 8,500 bags from 18,000 bags in the prior session, primarily attributed to the shutdown of key markets in Maharashtra. Demand Read More
Turmeric prices increased by 3.25% to close at Rs 18,988, influenced by reduced market arrivals, constrained spot supplies, and consistent export demand. Total arrivals were estimated at approximately 8,500 bags, a significant decline from 18,000 bags in the prior session, primarily attributed to the closure of key markets in Maharashtra. The significant drop in arrivals Read More
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 declined by 0.33% to close at Rs 17,880, as profit-taking occurred following recent increases, while enhanced monsoon rainfall has somewhat alleviated worries regarding the forthcoming crop. Improved weather conditions have led to expectations of enhanced production, resulting in a more subdued near-term market sentiment. However, traders continue to closely monitor rainfall distribution, as Read More
Turmeric prices concluded with a slight increase of 0.06% at Rs 17,562, rebounding through short covering following recent downturns attributed to heightened farmer selling amid the peak harvest season. Increased daily arrivals at key mandis have consistently surpassed the current demand for purchases, exerting downward pressure on prices as farmers hasten the liquidation of their Read More
Turmeric prices increased by 0.23% to close at Rs 17,552, bolstered by short covering following recent drops. However, the broader market continued to experience challenges due to heightened arrivals during the peak harvesting season. Farmers have sped up the sale of their stocks, leading to increased daily arrivals at major mandis, which are surpassing the Read More
Turmeric prices increased by 0.35% to close at Rs 17,182, buoyed by short covering following recent downturns. However, the broader market continued to face pressure as a result of heightened selling activity among farmers during the peak harvest season. Increased daily arrivals at major mandis have surpassed current demand, with substantial inventories of approximately 1.13 Read More
