![Due to profit booking and weak domestic demand, turmeric prices declined](https://market-tracker.in/wp-content/uploads/2023/08/GettyImages-576724024-c42945e2d02849c3a92955507159b9c0.jpg)
Due to profit booking and weak domestic demand, turmeric prices declined
On profit-taking yesterday, the price of turmeric dropped by -6% to $15204 due to the domestic demand remaining at its current level. The lack of export inquiries is expected to affect market sentiment. Together with a steep increase in prices, export demand has stalled. A further concern for turmeric crops that will limit the losses…