Turmeric prices fell -1.41% to close at 14950, primarily due to weak purchasing activity in front of the expected stock release in advance of new crops in January 2024. Favorable weather circumstances put pressure on the market, which boosted crop conditions. The placement of Prime Minister Modi’s Turmeric Board in Telangana has raised worries among…
Due to weaker buying activity as traders await the release of supplies ahead of the start of fresh crops in January 2024, turmeric prices closed lower by -0.77% at 14644. Better crop conditions brought on by excellent weather conditions are another factor driving pressure on the market. Despite reports of acceptable crop conditions, production losses…
Turmeric prices fell -2.45%, closing at 12910, as purchasing activity decreased in advance of the anticipated release of stockpiles ahead of the fresh crops in January 2024. The better crop conditions brought about by the excellent weather added to the pressure on pricing. Maharashtra farmers’ attitudes were affected when they learned that Prime Minister Modi’s…
Turmeric prices fell -0.77% to $13420, with the slow buying activity leading to stock releases prior to the arrival of the fresh crops in January 2024. Nevertheless, the possibility of yield losses from unfavourable weather limits the downward pressure. The current crop conditions are favourable, and the harvest is anticipated to take place in January…
A possible yield loss from bad weather caused turmeric prices to rise by 0.71% and settle at 13606. In Jan. 24, the upside was restrained by sluggish buying ahead of fresh crops. Better crop conditions and anticipation of stock releases were noted sources of pressure. January to March is when crops are expected to be…
The gain of 0.75% in turmeric prices, which settled at 13950, was mostly caused by worries about possible yield losses from adverse weather. The upside is constrained, though, as improving crop conditions are a result of better weather. Between January and March is when harvest readiness is anticipated, yet crop growth may be impacted by…
Prices for turmeric jumped by 4.54% to 14,034 as a result of worries about possible production losses brought on by adverse October weather. IMD predicts that October will be drier than usual, which could have an effect on agricultural growth. The current crop conditions are still excellent, and harvest readiness is anticipated from January to…
The market for turmeric saw a 3.33% increase in price recently, which settled at 13528. This increase was mostly caused by worries about possible yield losses brought on by adverse October weather. However, better crop conditions brought about by more favourable weather look to be limiting the market’s gain potential. According to reports, crop conditions…
As a result of greater supply offerings, prices for turmeric recently dropped by -0.39% to settle at 14378. Reports of helpful rainfall for standing crops, which increased farmer confidence, were the main factors in this decline. However, given that the cultivation of turmeric has declined in regions like Maharashtra, which has caused price trends to…
Turmeric prices saw a small gain of 0.21%, closing at 15,622, spurred by increased purchasing activity associated with holiday demand. The shortage of turmeric on the market is made worse by Maharashtra’s declining turmeric production. Though supplies of turmeric are still scarce, upcoming beneficial rainfall in Maharashtra and Telangana is anticipated to boost crop growth….
