Even as a rise in arrivals and muted demand put pressure on prices, short covering caused turmeric prices to rise by 0.65% to settle at 13,336. A considerable increase in production may result from the acreage being estimated to be 30–35% larger than the previous season. However, reports of crop damage from heavy rains limited…
Turmeric prices rose by 0.86% to 12,842 due to potential crop damage from heavy rains. However, gains were limited due to lower demand and increased arrivals. The upcoming season is estimated to be 30-35% higher than last year, indicating a rise in production. Dry weather in Indonesia has accelerated turmeric harvesting, adding pressure on prices….
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…
Turmeric prices rose by 0.78% to 13,702, driven by potential crop damage from heavy rains. However, gains were limited due to lower demand and rising arrivals. Total arrivals were 14,915 bags, a drop from the previous session’s 16,975 bags. The combination of low supply and unfavorable weather conditions is expected to push prices higher in…
Turmeric prices fell by -2.32% to 13,370 due to lower demand and rising arrivals. However, concerns over crop damage and low supply could push prices higher in the coming weeks. Increased sowing may cap further price gains, and dry weather in Indonesia has accelerated harvesting, adding pressure on prices. Rising acreage and low export demand…
Turmeric prices increased by 3.72% to ₹14,204 due to tighter market supplies and renewed stockist interest. However, the increase was limited by reports of increased sowing this year, with farmers holding back stocks and anticipating further price increases. Dry weather in Indonesia has sped up harvesting, reducing production. Increased sowing in key regions like Maharashtra,…
Amid reports of increasing seeding activity, the price of turmeric ended down 2.11% at 15876. Nonetheless, the negative impact was restricted because farmers are hoarding their inventory in expectation of additional price increases. It’s now believed that fair prices will lead to a rise in turmeric sowing in all key producing states. According to reports,…
Due to reports of increased sowing, turmeric prices closed down 3.85% at $15,246, but the downside is restricted since farmers are hoarding supplies in expectation of future price increases. Farmers in the main producing states are increasing their sowing because they want to receive good pricing for their harvest. Turmeric plantings in Maharashtra, Telangana, and…
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…
Withholdings from farmers amid anticipation of additional price increases drove yesterday’s 0.59% gain in turmeric prices, which closed at 17512. The heightened supply near the end of the harvesting season limits upside potential, though. Increased crop yields could worsen the supply shortage and support price levels, as the heat wave currently affecting India poses a…
