Turmeric Supply Demand

NCDEX Updates

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

NCDEX Live Updates

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

NCDEX Live Updates

Turmeric settled 0.32% higher at Rs. 24,424, gaining Rs. 78 amid renewed demand, reduced stockist selling and tight spot availability. Stockholders have become reluctant to liquidate inventories following earlier selling phases, while concerns over deficient rainfall, El Niño risks and potential yield losses have supported prices. Karnataka’s joint drought survey reported turmeric crop losses across Read More

NCDEX Live Updates

Turmeric experienced a significant increase of 6%, closing at Rs 24,346. This rise can be attributed to heightened demand, limited availability in the spot market, and a decrease in selling activity by stockists, who are now holding back supplies due to apprehensions regarding future availability. Prices also increased due to concerns over El Niño-related dry Read More

NCDEX Live Updates

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

NCDEX Live Updates

Turmeric concluded the trading session at Rs. 22,176, reflecting a decline of 0.21%. This decrease can be attributed to profit booking after recent gains, which were influenced by drought-related crop losses in Karnataka and apprehensions regarding tightening supplies. According to a joint survey conducted by the Karnataka Horticulture and Revenue Departments in conjunction with the Read More

NCDEX Live Updates

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

NCDEX Live Updates

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

NCDEX Live Updates

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

NCDEX Updates

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

NCDEX Updates

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

NCDEX Updates

Turmeric concluded the trading session with an increase of 1.11%, reaching Rs 20,584. This rise is attributed to a tight supply scenario, apprehensions regarding inadequate rainfall, and worries that El Nino conditions may impact the ongoing crop sowing. Subpar growth in sowing activities within critical agricultural zones has heightened apprehensions regarding forthcoming production levels, particularly Read More

NCDEX Live Updates

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

NCDEX Live Updates

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

NCDEX Live Updates

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

NCDEX Live Updates

Turmeric concluded the trading session at Rs 20,710, reflecting a decline of 0.87%. This decrease can be attributed to the resurgence of monsoon activity in Maharashtra, Telangana, and North Karnataka, which has alleviated worries regarding dry weather and enhanced expectations for the forthcoming crop. Reservoir levels in Telangana and Andhra Pradesh have shown improvement, which Read More

NCDEX Live

Turmeric concluded the trading session at Rs 20,892, reflecting a decline of 1.08%. This drop can be attributed to the resurgence of monsoon conditions in Maharashtra, Telangana, and North Karnataka, which alleviated worries regarding arid weather and enhanced expectations for the forthcoming harvest. Reservoir levels in Telangana and Andhra Pradesh have shown improvement, which enhances Read More

NCDEX Updates

Turmeric prices concluded at Rs 21,120, reflecting a 2.73% increase, driven by a hand-to-mouth supply scenario, apprehensions regarding insufficient rainfall, and worries about the potential impact of El Nino on the currently sown crop. Additionally, the lower-than-anticipated growth in acreage in crucial cultivation areas has heightened concerns regarding future production levels. Prolonged dry conditions in Read More

NCDEX Live Updates

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

NCDEX Live Updates

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

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