Prices for turmeric fell by -0.83% to settle at 13,906, primarily as a result of a more favourable production outlook. In expectation of higher supplies in the upcoming months, market participants decreased their positions. Although turmeric’s export prospects have greatly improved, with a 25% increase in exports fueled by demand from both developed and emerging…
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….
The price of turmeric increased noticeably by 1.16%, closing at 14458. The market’s scarcity of high-quality food can be blamed for this increase. Turmeric prices are significantly impacted by the current planting activities and crop development. However, worries have been raised because it is predicted that the southern and central regions will have drier weather,…
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…
The price of turmeric yesterday increased by 0.04% to 16170 despite the market’s lack of access to high-quality products. Turmeric crops are under pressure due to ongoing sowing and crop progress as well as the prediction for drier weather in the southern and central areas. Although sowing activities are practically finished in Maharashtra and are…
Due to profit taking and an improving crop condition, turmeric prices yesterday decreased by -1.42% to 16844. Due to the scarcity of high-quality products on the market, losses in turmeric are probably capped. Turmeric’s price is mostly determined by how well the crop is growing and being sown, and the crops there are now even…
Due to strong demand from the domestic and international markets, turmeric prices yesterday finished higher by 2.48% at 15940. The decreased sowing acreage and smaller ending stocks are also causing farmers and stockists to hang onto their supplies in anticipation of price hikes, which is causing a supply deficit in the cash markets. During this…
Due to strong demand from the domestic and foreign markets, turmeric prices yesterday finished up 3.03% at 15554. The decreased sowing acreage and smaller ending stocks are also causing farmers and stockists to hang onto their supplies in anticipation of price hikes, which is causing a supply deficit in the cash markets. During this season,…
As the Kharif sowing acreage is anticipated to decline during the current season, turmeric prices yesterday increased by 5.85% to 9548. The expected drop in Maharashtra’s sowing area is between 10% and 20%. The acreage is anticipated to drop by 10% to 15% in Tamil Nadu (NS: TNNP). A reduction in acreage between 18% and…
