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 fell by 0.58% to ₹14,714 due to weak domestic and export demand. Despite physical market activity, arrivals increased slightly to 13,660 quintals, suggesting easing supply pressure. However, broader sentiment remains subdued due to lackluster buying interest from domestic and overseas markets. The 2024-25 season is witnessing a 10% increase in turmeric acreage to…
Turmeric prices have eased by 0.44% to ₹14,800, driven by a surge in arrivals and subdued export enquiries. Total arrivals jumped to 57,500 quintals, doubling from 29,860 quintals in the previous session. However, concerns about lower production estimates and quality challenges in key producing regions remain. Untimely rains have affected crop productivity, with yields expected…
Turmeric prices fell by 1.69% to 14,398 due to increased arrivals and sluggish export demand. Total arrivals nearly doubled to 57,500 quintals, affecting prices. However, the downside is limited due to concerns over lower yield projections and slow arrivals in key regions. The area under turmeric cultivation increased by 10% to 3.30 lakh hectares this…
Turmeric prices dropped by -1.57% at 14,004 on Thursday due to weak domestic demand and sluggish export inquiries. Total arrivals across key markets were 51,732 bags, indicating some supply pressure easing. In Sangli, arrivals dropped to about 7.0 lakh bags, reflecting lower-than-expected production this season. Turmeric cultivation area increased by 10% to 3.30 lakh hectares,…
Turmeric prices rose by 1.69% at ₹15,200 due to lower-than-expected arrivals and strong buying interest. The demand for turmeric has been robust, with shipments reaching a four-year high and exports jumping by 12.93% from April to January 2025. However, imports have also risen by 70.13%, indicating a growing reliance on foreign supplies. The market faces…
