Turmeric prices experienced a notable increase of 2.8%, concluding at Rs 17,800, influenced by lower-than-average arrivals and persistent demand both domestically and internationally. Market sentiment was bolstered by reports indicating that both farmers and stockists have notably decreased their holdings, establishing a solid foundation in anticipation of new-crop arrivals. Unseasonal rains have adversely affected crop Read More
Turmeric prices experienced a decline of 0.83 percent yesterday, settling at Rs 16,012. This decrease was largely influenced by anticipations of increased acreage due to favorable monsoon conditions during the current sowing season. Nonetheless, the potential drawbacks appear constrained owing to arrivals that are below the norm and a persistent demand both domestically and internationally. Read More
Turmeric prices concluded with an increase of 1.8 percent, reaching Rs 16,146, bolstered by lower-than-average arrivals and robust demand both domestically and internationally. The limited availability of tight spots, along with a notable decrease in stocks maintained by farmers and stockists, has established a robust foundation for prices in anticipation of the new crop supply. Read More
Turmeric prices concluded the trading session down by 1.04% at Rs 16,162, influenced by anticipations of increased acreage due to favorable rainfall during the current sowing season. Preliminary estimates indicate that turmeric acreage may increase by 15–20% as farmers transition from less lucrative crops. The area dedicated to turmeric for the 2024–25 season is already Read More
