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 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 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 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 increased by 0.57% to close at Rs 22,680, bolstered by constrained spot supplies and persistent worries regarding the effects of El Niño on the current sowing season. The market exhibited resilience as diminished carry-forward stocks and inadequate rainfall during the initial crop development phase heightened concerns regarding possible yield reductions. Market participants observed Read More
Turmeric prices experienced a decline yesterday, decreasing by 0.4% to close at Rs 16,732, influenced by increased acreage in the ongoing sowing season, which dampened market sentiment. Favorable rains have stimulated planting activities, with the acreage for the 2025–26 season projected at approximately 3.02 lakh hectares, indicating an increase of around 4% compared to the Read More
