Turmeric prices fell sharply, by -3.76%, to settle at 16112, mostly due to anticipation of fresh entrants from Maharashtra’s Marathwada region. The downside was constrained despite this negative pressure because of below-average supply and strong festive demand. Important marketplaces like Nanded, Nizamabad, and Erode saw a sharp increase in new crop supplies, with arrivals much…
Turmeric prices rose by 0.05% yesterday, finishing at 16544, owing to below-normal supply and strong festive demand, which kept the market positive. Lower production has resulted in much lower arrival rates than the previous year, indicating that supply is currently limited. This scarcity is projected to motivate stockists to take advantage of any price drops,…
Reduced supply in the spot market helped drive up the price of turmeric, which increased by 1.82% to settle at 17386, The buying activity slowed down, though, and there was anticipation that inventories would be released before the start of fresh crops, which curtailed the upside. In the short run, though, positive market sentiment is…
Reduced supply in the spot market helped turmeric post a notable gain, as it closed up 3.11% at 17482. The gain, however, is expected to be constrained because buying activity has slowed and there is anticipation that supplies will be released before new plantings begin. Short-term market sentiment for turmeric is anticipated to remain strong…
The spot market’s diminished supply of turmeric helped drive up prices by 2.94%, settling at 17162. As purchasing activity decreased in advance of stock releases before the new crops, the market saw no increase in value. Positive mood in the market is expected to be sustained in the near term by delayed new crop harvesting…
Due to a decrease in supplies on the spot market, turmeric prices increased a little on Tuesday, ending at 15302. But sluggish buying as traders wait for stocks to be released before new harvests begin to grow hampered the upside. Notwithstanding this, it is anticipated that tighter ending stocks and postponed new crop harvesting will…
The turmeric market had a minor decrease, ending at 15434, down -0.89%. This was primarily due to a decrease in buying activity as people awaited stock releases before the start of fresh crops. Even yet, the downside was constrained by fewer supplies in the spot market, which were reinforced by postponed new crop harvesting and…
The market’s recent performance for turmeric is a result of a combination of demand dynamics, supply-side restrictions, and technical factors that affect price changes. Even if it ended the day 2.4% higher at 15330, the increase is limited by slower buying activity before the release of stocks in preparation for the start of fresh crops….
Turmeric saw a -1.56% decrease, closing at 15532, due to profit booking following prior advances that were bolstered by dwindling supply on the spot market. Shorter ending stocks and a delayed new crop harvest are predicted to keep feelings upbeat in the short run. On the other hand, when buying activity slows down ahead of…
Turmeric saw a -1.51% dip, closing at 14830, as buying activity decreased in advance of stock releases prior to the start of new plantings. A further factor driving up prices was better crop conditions brought on by fortunate weather. Lessening production projections and tighter market stocks, however, limit the downside. There is clear support for…
