Turmeric Acreage Increases With Favourable Monsoon Rains.

Turmeric prices dropped by -2.21% at 12,230 due to higher acreage expectations. Monsoon conditions have supported timely sowing, with estimates suggesting a 15-20% increase in turmeric acreage. For the 2024-25 season, cultivation has reached 3.30 lakh hectares, a 10% increase from last year. However, farmer-held stocks in Warangal are nearly exhausted, and no fresh arrivals…

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Turmeric Falls on Acreage Increase

Turmeric prices dropped 0.4% to 13,032, driven by increased acreage due to favorable rains during the current sowing season. Daily arrivals rose to 13,660 quintals, reflecting higher availability. Preliminary estimates suggest acreage for 2024-25 may rise 15-20% compared to last year, with 3.30 lakh hectares under cultivation. However, untimely rains may reduce productivity. New crop…

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சாகுபடி குறைந்தும் Short Covering காரணமாக மஞ்சள் விலை உயர்வு

மஞ்சள் சாகுபடி குறைவாக இருந்தபோதிலும், விலை 0.18% அதிகரித்து 13,142 ஆக இருந்தது. தினசரி வரத்து 13,660 quintal அதிகரித்துள்ளது, இது விளைபொருட்களின் நிலையான வரத்தைக் குறிக்கிறது. விவசாயிகள் குறைந்த லாபம் தரும் பிற பயிர்களிலிருந்து மாறுவதால், இந்த பருவத்தில் மஞ்சள் சாகுபடி பரப்பளவு 15-20% அதிகரிக்கும் என்று முதற்கட்ட மதிப்பீடுகள் தெரிவிக்கின்றன. இருப்பினும், பாதகமான வானிலை விளைவுகள் காரணமாக, குறிப்பாக Nanded பகுதியில் உற்பத்தி விகிதாசாரமாக உயர வாய்ப்பில்லை. 2024-25 பருவத்தில் மஞ்சள் production 3.30…

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Turmeric Rises on Short Covering Despite Acreage Rise Outlook

Turmeric prices rose by 0.18% to 13,142, despite short covering. Daily arrivals increased to 13,660 quintals, indicating a steady inflow of produce. Preliminary estimates project a 15-20% increase in turmeric acreage this season, as farmers shift from other less profitable crops. However, production is unlikely to rise proportionally due to adverse weather effects, particularly in…

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Turmeric Slips on Anticipated Acreage Rise

Turmeric prices have declined by 1.6% to 12,772, driven by increased acreage and favorable monsoon conditions. Daily turmeric arrivals have increased to 13,660 quintals, indicating increased availability in key markets. However, quality concerns and lower productivity forecasts limit the downside in prices. Production is not expected to increase proportionately, as untimely rainfall may affect yields….

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Turmeric prices dropped on weak local and export demand

Turmeric prices fell by 0.58% to ₹14,714 due to weak domestic and export demand. Despite physical market activity, arrivals increased slightly to 13,660 quintals, suggesting easing supply pressure. However, broader sentiment remains subdued due to lackluster buying interest from domestic and overseas markets. The 2024-25 season is witnessing a 10% increase in turmeric acreage to…

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