Turmeric prices rose by 0.18% to 13,142, despite short covering. Daily arrivals increased to 13,660 quintals, indicating a steady inflow of produce. Preliminary estimates project a 15-20% increase in turmeric acreage this season, as farmers shift from other less profitable crops. However, production is unlikely to rise proportionally due to adverse weather effects, particularly in…
Gold prices rose 1.45% to ₹101,204 as investors expected the US central bank to cut interest rates soon. There is an 81% chance of a rate cut in September. Gold was also boosted by rising global tensions. The president raised import duties on goods from several countries to between 10% and 41%. Citi raised its…
Crude oil prices fell 2.73% to 5,887 as markets reacted to rising global trade tensions and an unexpected increase in US oil supplies. The new US tariffs could hurt the global economy and reduce crude demand. The president confirmed a 10% base tax on imports and added new taxes of up to 41% for countries…
Research firm ICRA predicts that kharif crop sowing this season may surpass last year’s levels by a reasonable margin. With favourable monsoon conditions, kharif sowing has been completed on 76% of the normal sown area, up by 4% year-on-year as of July 2025. The kharif crops, mainly moong, rice, and maize, are planted during the…
Silver prices fell 2.56% to 109.972 as the Federal Reserve decided to keep interest rates at 4.25% to 4.5%. Compared to previous forecasts, markets now expect only 35 basis points of easing by the end of the year. In the first half of 2025, retail investment in India grew by 7% year-on-year on optimistic price…
India’s sugar production is predicted to rise by 18% in the 2025-26 sugar season, starting in October, according to the Indian Sugar Mills Association (ISMA). This increase is expected to alleviate supply tightness and maintain prices during the festival season. The preliminary estimate for 2025-26 sugar production is 349 lakh tonnes, up from 295 lakh…
Gold prices fell 0.22% to $98,769, pressured by a stronger US dollar and Fed signals. While noting continued economic uncertainty, the Fed report emphasized strong inflation and low unemployment. In June, Swiss gold exports to the UK rose 44% to 83.8 metric tons, a sign of growing investor interest in Western vaults. But for the…
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….
Jeera (cumin) prices fell by around 5% in July 2025 and ended at ₹18,970 on NCDEX. The decline was due to weak exports, especially as buyers in Bangladesh and the Gulf did not place fresh orders. In India too, buyers were waiting for clear price trends before buying. Jeera exports declined by 27% to 42,925…
Jeera prices rose by 0.75% to ₹18,810 after a recent decline. The previous decline was due to low demand from both the domestic and export markets after the end of the retail season. Traders say there is adequate supply and inventory, which has also brought down prices. Only 3–4 lakh bags of jeera are expected…
