Mahalakshmi@fastura.com

Turmeric Slips on Anticipated Acreage Rise

Turmeric prices have declined by 1.6% to 12,772, driven by increased acreage and favorable monsoon conditions. Daily turmeric arrivals have increased to 13,660 quintals, indicating increased availability in key markets. However, quality concerns and lower productivity forecasts limit the downside in prices. Production is not expected to increase proportionately, as untimely rainfall may affect yields….

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crude

Gas Prices Rise on Weather & Geopolitics

Natural gas prices rose by 2.09% to reach 273.3, driven by weather forecasts and geopolitical developments. Persistent heat in key US regions, coupled with the President’s acceleration of the Ukraine ceasefire deadline for Russia, has boosted air conditioning use and power sector gas consumption. Despite rising prices, supply remains robust, with average output in the…

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