Turmeric prices rose 0.03% to ₹13,992, but this was despite rumours of tight supplies till the next harvest season due to significant buying. Despite the Hingoli markets being closed, supplies rose sharply to 9,030 bundles from 7,965 bundles the day before. Also, turmeric production in key growing regions like Maharashtra, Telangana and Andhra Pradesh increased,…
Turmeric prices fell 3.9% to ₹13,806 as reports of good yields showed a slight improvement despite some weather changes. Turmeric arrivals rose to 9,030 bags from 7,965 bags in the previous session. With Hingoli markets closed, key trading hubs like Erode were active. The crop has expanded significantly, especially in Erode district, where it is…
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…
The price of turmeric plummeted by 4.64% to reach 16,138 on the heels of reports of heightened seeding activity. Fair pricing encourages farmers, which is expected to cause a boom in turmeric growth throughout the main producing states. Turmeric planting is expected to increase by 30–35% in Maharashtra, Telangana, and Andhra Pradesh, although it is…
Due to a spike in supply signaling the end of the harvesting season, turmeric prices fell 2.1% Wednesday, closing at 17,236 rupees. Farmers withheld stocks in expectation of additional price hikes, therefore the negative effects were mitigated. The country is experiencing a heatwave that might harm crop output, worsening the shortage and increasing prices. According…
Due to a surge in supply signaling the end of the harvesting season, turmeric prices saw a notable 4.25% decrease Wednesday, closing at 17872. The negative was, however, minimal since farmers held onto their stocks in anticipation of additional price increases. A threat to agricultural production is posed by the current hot wave in India,…
The anticipated fresh entrants from the Marathwada region of Maharashtra are the main reason behind yesterday’s –0.87 % decrease in turmeric prices, which closed at 19,386. Due to below-average supply and strong festive demand, the negative effects were, nevertheless, minimal. Major fresh crop arrivals were reported in several regions, including Nanded, Nizamabad, and Erode, in…
Turmeric prices fell by 1.73% yesterday, settling at 17062. The drop was caused by predictions of new arrivals from the Marathwada region in Maharashtra, but this was mitigated by below-average supply and strong festive demand. Although there were more arrivals in Nizamabad and Erode this week than the week before, it is anticipated that turmeric…
Due to profit booking, turmeric prices saw a minor decrease of -0.6% yesterday, ending a period of upward bias driven by below-normal supply and strong festive demand. Yesterday’s closing price was 17544. The slower arrival pace than the previous year is indicative of lesser production, which may encourage stockists to purchase turmeric at every price…
The previous session saw a notable spike in turmeric prices of 3.74%, culminating at 19370, due to below-average supplies and strong festive demand. Decreased output has had a noticeable effect, as evidenced by slower arrival rates than the year before. Given that there are already 9050 tonnes of turmeric arriving in key APMC markets in…
