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,…
