Turmeric prices dropped by -1.57% at 14,004 on Thursday due to weak domestic demand and sluggish export inquiries. Total arrivals across key markets were 51,732 bags, indicating some supply pressure easing. In Sangli, arrivals dropped to about 7.0 lakh bags, reflecting lower-than-expected production this season. Turmeric cultivation area increased by 10% to 3.30 lakh hectares,…
Jeera prices have dropped by 2% at 22,545, driven by comfortable supplies and subdued export interest. Total arrivals in Gujarat increased to 27,300 bags, causing downward pressure on prices. However, supply trends remain critical, with tight near-term supplies from Rajasthan and delayed sowing in key regions. Production levels are expected to be similar to last…
Gold prices are witnessing a slight decline on the eve of Akshaya Tritiya on 30.4.2025. This is fueling the interest in buying gold among the people. As trade tensions between the US and China eased, gold prices fell significantly by 0.96% to close at 94,992. When Beijing decided to waive 125% taxes on some US…
Copper prices rose by 0.32% to settle at 860.8, driven by speculative buying amid geopolitical uncertainty. Initially, the market gained in hopes of easing U.S.-China trade tensions. Still, this optimism waned after the U.S. Treasury Secretary confirmed no unilateral tariff cuts have been proposed and formal talks are yet to begin. China has also made…
Due to tight supply of jeera and low export demand, jeera prices closed down by 1.1% at Rs 23,005. As a total of 27,300 bags of cumin arrived in Gujarat – a significant increase from the 24,000 bags received in the previous session – prices were forced to decline further. Due to delayed sowing in…
Cotton candy sales rose by 0.15% on expectations of lower local supplies. The Cotton Association of India (CAI) has cut its domestic crop estimate for 2024–25 by 4 lakh bales to 291.30 lakh bales (170 kg each) due to lower Maharashtra production. With imports at 25 lakh bales, the total supply of cotton, including opening…
Cottoncandy prices rose by 0.15% to ₹55,110 due to a downward revision in domestic crop estimates by the Cotton Association of India (CAI). CAI has reduced its 2024-25 production forecast by 4 lakh bales to 291.30 lakh bales of 170 kg each, mainly due to lower yields in Maharashtra. Total cotton supply up to March-end…
Turmeric prices fell by 1.07% due to reduced buying interest due to speculative rally in the last week. Although the area has increased by 10% to 3.30 lakh hectares this season compared to the previous 3 lakh hectares, it is predicted that if the rains do not come on time, it will hamper a significant…
In 2025, the price of gold is on a record-breaking upward trend, rising 23% this year and reaching new all-time highs. In the past year, gold has increased by 50%. The price of gold has doubled in less than two years and six months, and it has increased by 100% in less than three years….
Jeera prices have slightly decreased by 0.15% to ₹24,030 due to weak demand from stockists and farmers selling at high prices. Despite limited Rajasthan arrivals, subdued buying interest has slowed the market’s bullish momentum. However, crop conditions are improving this season, and production is expected to match last year’s levels. India’s cumin production for 2023-24…
