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 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 0.96% to ₹13,780 as more turmeric entered the markets and fewer export orders. Daily inflows rose to around 57,500 quintals, almost three times higher than 29,860 quintals in the previous session, leading to a fall in prices. Although the area under turmeric has increased by 10% to 3.30 lakh hectares, the…
Turmeric prices fell by 1.07% due to reduced buying interest due to speculative rally in the last week. Although the area has increased by 10% to 3.30 lakh hectares this season compared to the previous 3 lakh hectares, it is predicted that if the rains do not come on time, it will hamper a significant…
Turmeric prices fell 1.87% to ₹13,244 on a slight increase in market arrivals and subdued demand. Higher arrivals are expected in the coming month due to steady harvesting process, however, the new crop output is estimated to be 10-15% lower this year. The exact impact on yields will be verified once the pace of harvesting…
