Turmeric Soars

NCDEX Live Updates

Turmeric prices experienced a significant decline of 2.15%, concluding at Rs 15,668, as market participants responded to anticipations of increased acreage due to favorable monsoon conditions during the ongoing sowing season. The enhancement of planting prospects has exerted downward pressure on short-term sentiment. Nonetheless, the downside appears constrained as arrivals persistently fall short of normal Read More

NCDEX Updates

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

NCDEX Live Updates

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