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 prices dropped 0.4% to 13,032, driven by increased acreage due to favorable rains during the current sowing season. Daily arrivals rose to 13,660 quintals, reflecting higher availability. Preliminary estimates suggest acreage for 2024-25 may rise 15-20% compared to last year, with 3.30 lakh hectares under cultivation. However, untimely rains may reduce productivity. New crop…
Turmeric prices have declined by 1.6% to 12,772, driven by increased acreage and favorable monsoon conditions. Daily turmeric arrivals have increased to 13,660 quintals, indicating increased availability in key markets. However, quality concerns and lower productivity forecasts limit the downside in prices. Production is not expected to increase proportionately, as untimely rainfall may affect yields….
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 fell by 1.68% at 13,324, despite expectations of higher acreage due to favorable monsoon conditions. Daily arrivals increased to 13,660 quintals, suggesting higher market availability. The area under turmeric has expanded to 3.30 lakh hectares for the 2024-25 season, but production gains may not match acreage growth due to untimely rains. Despite these…
Turmeric prices rose by 1.2% to 14,000 due to increased acreage during the current sowing season. Monsoon conditions are encouraging farmers to expand turmeric cultivation, with an estimated 3.30 lakh hectares for the 2024-25 season. However, untimely rains and crop rot issues may reduce yields by 10-15%. Market arrivals remain steady, with 13,660 quintals reported,…
