Turmeric Prices Rise Due to Limited Supply and Increasing Stockist Interest in Purchasing

Turmeric prices increased by 3.72% to ₹14,204 due to tighter market supplies and renewed stockist interest. However, the increase was limited by reports of increased sowing this year, with farmers holding back stocks and anticipating further price increases. Dry weather in Indonesia has sped up harvesting, reducing production. Increased sowing in key regions like Maharashtra,…

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Cotton prices increased by 9% at 110 Lh, indicating a significant increase in the industry.

Cotton candy prices rose 1.48% to 58,860, driven by concerns over declining acreage and supply tightness. The Kharif cropping season’s cotton acreage dropped by 9% to 110.49 lakh hectares, down from 121.24 lakh hectares last year. The Cotton Association of India predicts a total acreage of around 113 lakh hectares for this season. Due to…

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In addition to tight global supplies, Jeera gains from strong domestic and export demand

Jeera prices rose by 0.36% to 25,435, driven by strong domestic and export demand and global supply constraints. However, expectations of higher production and farmers holding back stocks contributed to price support. Jeera production has increased significantly worldwide, with China driving the increase, more than tripling its output to about 55–60 thousand tonnes. Syria, Turkey,…

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