Turmeric prices rose by 1.2% to 14,000 due to increased acreage during the current sowing season. Monsoon conditions are encouraging farmers to expand turmeric cultivation, with an estimated 3.30 lakh hectares for the 2024-25 season. However, untimely rains and crop rot issues may reduce yields by 10-15%. Market arrivals remain steady, with 13,660 quintals reported,…
Turmeric prices edged up 0.87% to ₹14,388, recovering slightly after earlier declines. The small increase was due to traders buying back previously sold turmeric (known as short covering). However, demand for turmeric in India and other countries remains weak, which was responsible for the earlier price fall. The quantity of turmeric entering the markets increased…
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…
Turmeric prices have eased by 0.44% to ₹14,800, driven by a surge in arrivals and subdued export enquiries. Total arrivals jumped to 57,500 quintals, doubling from 29,860 quintals in the previous session. However, concerns about lower production estimates and quality challenges in key producing regions remain. Untimely rains have affected crop productivity, with yields expected…
Turmeric prices fell marginally by 0.25% to ₹13,778 on weak export orders and a surge in the market. Over 57,500 quintals were brought in, almost three times more than the previous day, which pushed down prices. However, prices may not fall much as concerns remain over lower production and lower supply. About 3.30 lakh hectares,…
Turmeric prices fell by 1.69% to 14,398 due to increased arrivals and sluggish export demand. Total arrivals nearly doubled to 57,500 quintals, affecting prices. However, the downside is limited due to concerns over lower yield projections and slow arrivals in key regions. The area under turmeric cultivation increased by 10% to 3.30 lakh hectares this…
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,…
Turmeric prices rose by 1.69% at ₹15,200 due to lower-than-expected arrivals and strong buying interest. The demand for turmeric has been robust, with shipments reaching a four-year high and exports jumping by 12.93% from April to January 2025. However, imports have also risen by 70.13%, indicating a growing reliance on foreign supplies. The market faces…
Turmeric prices dropped by -0.33% to 14,948 after a speculative surge in prices last week. Total arrivals increased to 66,560 bags, indicating improved supplies, but the market remained cautious. Supply volumes surged in Basmathnagar and Sangli, but downside pressure on prices was limited due to strong buying interest. The export market showed positive trends, with…
Turmeric prices dropped by 0.55% to ₹13,274 due to weak demand and increased arrivals. Harvesting season has boosted arrivals to 13,190 bags, with Nizamabad and Hingoli seeing the highest. However, new crop yields are expected to be 10-15% lower this year due to small rhizomes and crop rots in the Nanded region. Farmers anticipate a…
