Turmeric prices in India rose by 2.32% to 14,356, despite concerns about slow rhizome growth and low yield estimates. Harvesting has started in Karnataka and Andhra Pradesh and is expected to begin in Telangana soon. Farmers are concerned about lower-than-expected yields, and supply is expected to rise. The Erode Warangal line supply has been reduced,…
Turmeric prices have risen by 0.15% to ₹14,522, due to concerns over slower rhizome growth and low yield estimates for the crop. Farmers are predicting lower yields, making it crucial to monitor harvest progress. The arrival of new crops is expected to increase post-Makar Sankranti, but supply will likely remain tight. Harvesting has begun in…
Turmeric prices rose by 0.34% to ₹13,972, driven by tight market supplies ahead of the new crop’s arrival. Arrivals increased to 9,030 bags, with strong inflows in major trading hubs like Erode and Hingoli. However, gains were limited due to the crop’s excellent condition and favorable weather. Prolonged rains delayed harvesting, potentially affecting fresh supplies…
Turmeric prices fell by 1.12%, closing at ₹13,214, due to profit booking and increased arrivals. However, Hingoli markets experienced intermittent closures due to assembly elections in Maharashtra. Low stock levels have kept prices stable, but a delay in new crop arrivals due to prolonged vegetation growth may provide temporary support. Sowing activity has improved, with…
Turmeric prices fell by -3.91% to ₹13,806, driven by weak demand and rising arrivals. Market sentiment is bearish as the upcoming season is projected to be 30-35% higher than last year, indicating a significant increase in production. However, the downside is limited due to reports of crop damage from heavy rains, suggesting potential production losses….
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…
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…
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…
