Turmeric falls on weak domestic and export demand

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,…

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Jeera prices fall as stockist demand eases at high price levels

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…

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