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  • 2024
  • July
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Month: July 2024

  • NCDEX Market

Prices for Turmeric Dropped on News of Increased Sowing

Mahalakshmi@fastura.com1 year ago02 mins

The price of turmeric fell sharply by -2.79% to settle at 16924, mostly due to reports of enhanced seeding activity in India’s major producing areas. Due to favorable prices, growers have increased the amount of turmeric they cultivate this year compared to last. According to reports, seeding has doubled along the Erode line, and sowing…

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  • Commodity Market

The first half of 2024 saw a decline in oil imports into Asia

Mahalakshmi@fastura.com1 year ago03 mins

LSEG data indicates that despite forecasts of a steady rise, crude oil imports into Asia experienced a modest dip in the year’s first half. Over the first half of the year, Asian oil consumers imported 27.16 million barrels per day, according to the figures. Compared to a year ago, this was 130,000 bpd less. Notably,…

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