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…
Turmeric futures fell 1.05% to 13,212 per quintal due to higher acreage expected from monsoon rains this sowing season. Daily arrivals increased to 13,660 quintals, indicating a steady market supply. However, production may not rise proportionally due to weather risks, particularly in regions like Nanded. Despite this, there is optimism in the Duggirala market due…
Turmeric prices have risen by 0.15% to ₹14,522, due to concerns over slower rhizome growth and low yield estimates for the crop. Farmers are predicting lower yields, making it crucial to monitor harvest progress. The arrival of new crops is expected to increase post-Makar Sankranti, but supply will likely remain tight. Harvesting has begun in…
Turmeric prices fell by -3.91% to ₹13,806, driven by weak demand and rising arrivals. Market sentiment is bearish as the upcoming season is projected to be 30-35% higher than last year, indicating a significant increase in production. However, the downside is limited due to reports of crop damage from heavy rains, suggesting potential production losses….
Turmeric prices rose by 0.86% to 12,842 due to potential crop damage from heavy rains. However, gains were limited due to lower demand and increased arrivals. The upcoming season is estimated to be 30-35% higher than last year, indicating a rise in production. Dry weather in Indonesia has accelerated turmeric harvesting, adding pressure on prices….
Turmeric prices fell by 0.5% to 12732 due to lower demand and increased arrivals. However, the downside was limited by reports of potential crop damage from heavy rains. The upcoming season is expected to increase turmeric acreage by 30-35%, indicating higher production levels. Despite favorable weather conditions, concerns about reduced supply and unfavorable weather could…
Turmeric prices rose by 0.78% to 13,702, driven by potential crop damage from heavy rains. However, gains were limited due to lower demand and rising arrivals. Total arrivals were 14,915 bags, a drop from the previous session’s 16,975 bags. The combination of low supply and unfavorable weather conditions is expected to push prices higher in…
Turmeric prices fell by 2.96% to ₹13,626, driven by increased sowing and dry weather in Indonesia. However, tighter market supplies and stockist buying interest limited the downside. Farmers held back stocks in anticipation of price rises. Low export demand and rising sowing acreage could contribute to further price declines. Sowing reports show doubled turmeric sowing…
Turmeric prices increased by 3.72% to ₹14,204 due to tighter market supplies and renewed stockist interest. However, the increase was limited by reports of increased sowing this year, with farmers holding back stocks and anticipating further price increases. Dry weather in Indonesia has sped up harvesting, reducing production. Increased sowing in key regions like Maharashtra,…
The price of turmeric fell -0.28% to ₹16,400, primarily due to reports of heightened seeding activities in major producing regions. Prices have been pressured lower by reports of increased sowing quantities, especially in Maharashtra, Telangana, Andhra Pradesh, and on the Erode line, where seeding is said to be double that of the previous year. India’s…
