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 prices increased by 0.50%, closing at Rs 26,896, driven by apprehensions regarding unpredictable weather patterns in key production areas and diminished market arrivals. Total arrivals were estimated at approximately 6,000 bags, a decrease of nearly 2,000 bags from the prior trading session, thereby reinforcing bullish sentiment. Persistently dry weather in certain areas of Maharashtra 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 prices experienced a significant increase of 4.09%, closing at Rs 26,596. This rise can be attributed to a resurgence in demand, a decrease in stockist selling, and limited availability in the spot market, as traders opted to withhold stocks after previous liquidation activities. Concerns regarding insufficient rainfall, weather risks associated with El Niño, and 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 the trading session at Rs. 24,904, reflecting a decline of 1.67%. This decrease can be attributed to profit booking following recent gains, which were fuelled by a resurgence in demand, limited spot availability, and diminished selling from stockists. Carry-forward stocks have decreased to around 15 lakh bags, down from more than 20 lakh 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 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 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 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 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
