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…
Yesterday, the price of turmeric closed higher, rising 1.14% to 18,046 as a result of farmers hanging onto their supply in anticipation of future price increases, which fueled a bullish mood. The good news was offset, though, by higher supplies as the harvesting season came to a close. A threat to agricultural production is posed…
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,…
Due mostly to an increase in supply signaling the end of the harvesting season, turmeric prices saw a notable fall of -6% yesterday, closing at 18648. However, the bad news was that farmers chose to hoard supplies in expectation of additional price increases, so the damage was minimal. In addition, the nation’s ongoing heat wave…
As farmers clung to their stocks in anticipation of future price increases, turmeric prices yesterday jumped by 3.67% to settle at 19,648. Prices are expected to be supported further by the ongoing heatwave in India, which might harm crop production and exacerbate supply shortages. With more heatwave days predicted for May than normal, the India…
Turmeric prices jumped by 1.37% to close at 18160, driven by farmers hoarding supplies in case prices rise higher amid an impending shortage worsened by the hot wave that is now affecting much of India. The intense heat wave poses a risk to agricultural harvests, further taxing already limited supplies and driving up prices. Concerns…
