The turmeric market had a minor decrease, ending at 15434, down -0.89%. This was primarily due to a decrease in buying activity as people awaited stock releases before the start of fresh crops. Even yet, the downside was constrained by fewer supplies in the spot market, which were reinforced by postponed new crop harvesting and…
The market’s recent performance for turmeric is a result of a combination of demand dynamics, supply-side restrictions, and technical factors that affect price changes. Even if it ended the day 2.4% higher at 15330, the increase is limited by slower buying activity before the release of stocks in preparation for the start of fresh crops….
Turmeric saw a -1.56% decrease, closing at 15532, due to profit booking following prior advances that were bolstered by dwindling supply on the spot market. Shorter ending stocks and a delayed new crop harvest are predicted to keep feelings upbeat in the short run. On the other hand, when buying activity slows down ahead of…
Turmeric saw a -1.51% dip, closing at 14830, as buying activity decreased in advance of stock releases prior to the start of new plantings. A further factor driving up prices was better crop conditions brought on by fortunate weather. Lessening production projections and tighter market stocks, however, limit the downside. There is clear support for…
Reduced production expectations, limited supply, and increased export opportunities drove a 1.92% increase in turmeric prices, which ultimately settled at 13,896. In advance of the new crops scheduled to begin in January 2024, the market saw a slowdown in buying activity as stock releases were anticipated. The overall crop condition is acceptable, with harvest anticipated…
Turmeric prices fell by 2.18% to $14430, primarily due to a decrease in buying activity as a result of stock releases before to the start of fresh crops in January 2024. Improved agricultural conditions brought on by fortunate weather also put pressure on the market. According to reports, crop conditions are good, and harvest is…
Turmeric prices fell -1.41% to close at 14950, primarily due to weak purchasing activity in front of the expected stock release in advance of new crops in January 2024. Favorable weather circumstances put pressure on the market, which boosted crop conditions. The placement of Prime Minister Modi’s Turmeric Board in Telangana has raised worries among…
Due to weaker buying activity as traders await the release of supplies ahead of the start of fresh crops in January 2024, turmeric prices closed lower by -0.77% at 14644. Better crop conditions brought on by excellent weather conditions are another factor driving pressure on the market. Despite reports of acceptable crop conditions, production losses…
Turmeric prices fell -2.45%, closing at 12910, as purchasing activity decreased in advance of the anticipated release of stockpiles ahead of the fresh crops in January 2024. The better crop conditions brought about by the excellent weather added to the pressure on pricing. Maharashtra farmers’ attitudes were affected when they learned that Prime Minister Modi’s…
Turmeric prices fell -0.77% to $13420, with the slow buying activity leading to stock releases prior to the arrival of the fresh crops in January 2024. Nevertheless, the possibility of yield losses from unfavourable weather limits the downward pressure. The current crop conditions are favourable, and the harvest is anticipated to take place in January…
