Turmeric settled 0.19% higher at Rs 22,332, supported by severe drought conditions in Karnataka that have raised concerns over crop losses, production and future supplies. A joint drought survey by the Karnataka State Departments of Horticulture and Revenue and KSDMA estimated turmeric crop losses at 13,446 hectares, valued at Rs 18,824 lakh, against total state Read More
Turmeric experienced a significant increase of 3.72%, closing at Rs 22,290. This rise is attributed to the severe drought conditions in Karnataka, which have heightened concerns regarding production and future supply levels. A joint drought survey conducted by the Karnataka State Department of Horticulture, Revenue Department, and KSDMA has estimated turmeric crop losses at 13,446 Read More
Turmeric concluded at Rs 21,490, reflecting a 1.18% increase, bolstered by a tight supply scenario, apprehensions regarding inadequate rainfall, and worries about El Nino’s impact on the currently sown crop. Additionally, the lower-than-anticipated expansion of acreage in crucial growing areas has heightened concerns about future production. Declining carry-forward stocks from previous years have further tightened 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
Turmeric prices concluded with an increase of 1.35%, reaching Rs 20,358. This rise is attributed to a tight supply scenario, less-than-anticipated sowing growth, and apprehensions regarding insufficient rainfall and the potential impact of El Nino conditions on the growing crop. Declining carry-forward stocks accumulated over the past three to four years have further tightened availability, Read More
Turmeric prices concluded the trading session with a decline of 0.65%, settling at Rs 20,086. This decrease can be attributed to profit booking following a recent rally. Enhanced monsoon conditions in Maharashtra, Telangana, and North Karnataka have alleviated worries regarding potential crop damage, yet the overall supply landscape continues to be constrained. Earlier gains were Read More
Turmeric prices concluded the trading session with a decline of 0.25%, settling at Rs 20,218, as profit booking took place following recent gains. This downturn is attributed to tight hand-to-mouth supplies, apprehensions regarding the potential impact of El Nino on the newly sown crop, and a lower-than-anticipated expansion in sowing across critical growing regions, which Read More
Turmeric prices concluded with a slight increase of 0.03% at Rs 20,268, bolstered by a hand-to-mouth supply scenario, diminished carry-forward stocks, and apprehensions regarding inadequate rainfall impacting the newly sown crop in critical cultivation areas. Lower-than-anticipated growth in sowing has heightened expectations of constrained supplies for the forthcoming harvest, while persistent dry conditions during the Read More
Turmeric concluded the trading session at Rs 20,710, reflecting a decline of 0.87%. This decrease can be attributed to the resurgence of monsoon activity in Maharashtra, Telangana, and North Karnataka, which has alleviated worries regarding dry weather and enhanced expectations for the forthcoming crop. Reservoir levels in Telangana and Andhra Pradesh have shown improvement, which Read More
Turmeric concluded the trading session at Rs 20,892, reflecting a decline of 1.08%. This drop can be attributed to the resurgence of monsoon conditions in Maharashtra, Telangana, and North Karnataka, which alleviated worries regarding arid weather and enhanced expectations for the forthcoming harvest. Reservoir levels in Telangana and Andhra Pradesh have shown improvement, which enhances Read More
Turmeric prices concluded at Rs 21,120, reflecting a 2.73% increase, driven by a hand-to-mouth supply scenario, apprehensions regarding insufficient rainfall, and worries about the potential impact of El Nino on the currently sown crop. Additionally, the lower-than-anticipated growth in acreage in crucial cultivation areas has heightened concerns regarding future production levels. Prolonged dry conditions in Read More
Turmeric concluded the trading session with an increase of 0.28%, reaching Rs 20,558. This uptick comes in the context of apprehensions regarding inadequate rainfall, the possible effects of El Nino, and a slower-than-anticipated expansion in sowing across crucial agricultural areas, which collectively heighten concerns about diminished production in the forthcoming harvest. Declining carry-forward stocks have Read More
Turmeric concluded at Rs 20,500, reflecting a 0.98% increase, driven by a tight supply scenario, limited sowing growth, and apprehensions regarding insufficient rainfall and El Nino conditions potentially impacting the growing crop. Prolonged dry conditions in the early growth phase could lead to diminished yields, coupled with a notable decrease in carry-forward stocks over recent Read More
Turmeric settled 1.13% lower at Rs 20,302 as enhanced monsoon activity in Maharashtra, Telangana, and North Karnataka alleviated worries regarding dry weather and the risk of crop damage. Reservoir levels in Telangana and Andhra Pradesh have shown improvement, which ensures enhanced water availability during the vegetative phase. Additionally, rainfall has facilitated the completion of re-sowing Read More
Turmeric concluded at Rs 20,534, reflecting a 0.65% increase, bolstered by a tight supply scenario, less-than-anticipated sowing growth, and apprehensions regarding insufficient rainfall and the potential impact of El Nino on the growing crop. Carry-forward stocks have experienced a notable decline in recent years, with industry estimates indicating current stocks at approximately 15 lakh bags, Read More
Turmeric concluded the trading session with an increase of 0.78%, reaching a level of Rs 20,402. This rise was underpinned by apprehensions regarding hand-to-mouth availability, insufficient rainfall, and the possible repercussions of El Nino on the recently sown crop. Lower-than-expected expansion in sowing across key growing regions has raised concerns over upcoming production, while carry-forward Read More
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
