Turmeric prices fell -0.77% to $13420, with the slow buying activity leading to stock releases prior to the arrival of the fresh crops in January 2024. Nevertheless, the possibility of yield losses from unfavourable weather limits the downward pressure. The current crop conditions are favourable, and the harvest is anticipated to take place in January…
Prices for turmeric jumped by 4.54% to 14,034 as a result of worries about possible production losses brought on by adverse October weather. IMD predicts that October will be drier than usual, which could have an effect on agricultural growth. The current crop conditions are still excellent, and harvest readiness is anticipated from January to…
Prices for turmeric fell by -0.83% to settle at 13,906, primarily as a result of a more favourable production outlook. In expectation of higher supplies in the upcoming months, market participants decreased their positions. Although turmeric’s export prospects have greatly improved, with a 25% increase in exports fueled by demand from both developed and emerging…
Turmeric prices saw a small gain of 0.21%, closing at 15,622, spurred by increased purchasing activity associated with holiday demand. The shortage of turmeric on the market is made worse by Maharashtra’s declining turmeric production. Though supplies of turmeric are still scarce, upcoming beneficial rainfall in Maharashtra and Telangana is anticipated to boost crop growth….
In anticipation of an increase in local supplies, the price of turmeric yesterday decreased by -0.28% to 7956 as profit was booked. Additionally, traders are displaying less interest at current price levels and refraining from bulk purchases in anticipation of a decrease in pricing. Given that farmers in Maharashtra and Telangana are receiving a fair…
On profit booking yesterday, the price of turmeric decreased by -2.47% to 8282 in anticipation of an increase in local supplies. In anticipation of a drop in pricing, traders are likewise expressing less interest at current price levels and refraining from mass purchasing. Given that farmers are receiving a fair price for their produce, supplies in…
Due to the local market’s ample supplies and the muted demand, turmeric prices yesterday declined by -0.06% to 6696. Due to increasing deliveries in important trading centers, Millers’ stockists are in a wait-and-watch mode. Arrivals of the fresh crop have increased; as of now, 7-8 lakh bags have entered the Nizamabad market, compared to 7…
Due to a drop in domestic demand, the price of turmeric is currently nearly $1,000 per quintal lower than it was last year, but export demand is keeping prices from falling even lower. The current modal price for the finer kind of turmeric in Erode, Tamil Nadu, is $6,183 per quintal, down from $7,790 during…
Due to lower arrival quality and rumors of a larger crop, turmeric prices have fallen to about 5,000 per quintal in some areas of Maharashtra. Due to significant stockpiles held by consumers and stockists, prices in other regions of the country are generally lower than they were during the same time last year. Turmeric prices…
