Turmeric prices rose by 0.34% to ₹13,972, driven by tight market supplies ahead of the new crop’s arrival. Arrivals increased to 9,030 bags, with strong inflows in major trading hubs like Erode and Hingoli. However, gains were limited due to the crop’s excellent condition and favorable weather. Prolonged rains delayed harvesting, potentially affecting fresh supplies…
Ahead of the arrival of the new crop, turmeric futures rose 0.95% to close at ₹14,038 on strong buying and restricted supply. Even as turmeric prices rose, gains were somewhat capped as weather conditions remained good and reports suggested that the turmeric crop was in good condition. Major turmeric trading hubs including Erode and Hingoli…
Turmeric prices fell by 1.12%, closing at ₹13,214, due to profit booking and increased arrivals. However, Hingoli markets experienced intermittent closures due to assembly elections in Maharashtra. Low stock levels have kept prices stable, but a delay in new crop arrivals due to prolonged vegetation growth may provide temporary support. Sowing activity has improved, with…
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….
Even as a rise in arrivals and muted demand put pressure on prices, short covering caused turmeric prices to rise by 0.65% to settle at 13,336. A considerable increase in production may result from the acreage being estimated to be 30–35% larger than the previous season. However, reports of crop damage from heavy rains limited…
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 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 -2.32% to 13,370 due to lower demand and rising arrivals. However, concerns over crop damage and low supply could push prices higher in the coming weeks. Increased sowing may cap further price gains, and dry weather in Indonesia has accelerated harvesting, adding pressure on prices. Rising acreage and low export demand…
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,…
