Turmeric settled 0.57% higher at Rs 20244, bolstered by a hand-to-mouth supply situation, lower-than-anticipated sowing expansion in key growing regions, and apprehensions that inadequate rainfall and a potential El Nino could impact the forthcoming crop. Carry-forward stocks have experienced a notable decline in recent years, with industry estimates indicating that current stocks stand at approximately 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 concluded the trading session with a 0.57% increase, reaching Rs 21,134, driven by constrained supplies, diminishing carry-forward stocks, and apprehensions regarding inadequate rainfall and the possible impact of El Niño conditions on the growing crop. Sowing acreage is projected to rise by 16.05% year-on-year starting in 2025, maintaining levels above the five-year average of Read More
Turmeric prices experienced a significant decline of 4.29%, settling at Rs 19,968. This drop can be attributed to the resurgence of monsoon activity in Maharashtra, Telangana, and North Karnataka, which alleviated previous worries regarding dry weather and the risk of crop losses. Enhanced rainfall and the replenishment of essential reservoirs in Telangana and Andhra Pradesh Read More
Turmeric prices increased by 0.4% to close at Rs 16,166, bolstered by limited arrivals in major mandis throughout Maharashtra and Telangana during the peak season. Restricted inflows, coupled with quality concerns such as rhizome rot in low-lying regions, have diminished the supply of premium “Double Polished” export-grade material. In significant centers like Sangli and Nizamabad, Read More
Turmeric prices declined by 1.3% to close at Rs 16,148, as traders and stockists realized profits following the recent surge. This decline occurred notwithstanding lower-than-normal arrivals in key mandis, as numerous farmers persist in withholding stocks in expectation of improved prices in the future. Weather disruptions, characterized by unseasonal rains and disease pressure in Maharashtra Read More
