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 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 at Rs 22,552, reflecting a 0.71% increase, bolstered by constrained spot availability, diminished carry-forward stocks, and apprehensions that irregular monsoon rainfall may impact the current crop. Market sentiment exhibited resilience as traders persisted in evaluating the prospective effects of El Niño on planting and agricultural growth. Recent rainfall has enhanced soil moisture Read More
