
Turmeric prices dropped on weak local and export demand
Turmeric prices fell by 0.58% to ₹14,714 due to weak domestic and export demand. Despite physical market activity, arrivals increased slightly to 13,660 quintals, suggesting easing supply pressure. However, broader sentiment remains subdued due to lackluster buying interest from domestic and overseas markets. The 2024-25 season is witnessing a 10% increase in turmeric acreage to…