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…
Turmeric prices dropped by -0.33% to 14,948 after a speculative surge in prices last week. Total arrivals increased to 66,560 bags, indicating improved supplies, but the market remained cautious. Supply volumes surged in Basmathnagar and Sangli, but downside pressure on prices was limited due to strong buying interest. The export market showed positive trends, with…
Turmeric futures fell by 5.92% to ₹14,168, following a price rally due to supply concerns and strong demand. However, the market remains supported due to lower-than-expected arrivals and robust export demand. Exports during April- December 2024 surged by 13% to 136,921 tons, exceeding previous years. Production remains cautious due to untimely rains, raising concerns over…
Turmeric prices rose by 1.05% to 13,280 due to lower-than-expected arrivals and strong buying interest. Positive export trends supported the price increase, with shipments reaching a four-year high. However, untimely rains impacting yields in the Nanded region have affected production, with an expected 10-15% decline in productivity. From April to December 2024, turmeric exports surged…
Turmeric prices rose by 2.45% to ₹13,394, driven by lower-than-expected arrivals and strong buying interest. Export performance was positive, with shipments reaching a four-year high. From April to December 2024, turmeric exports rose 13%, reaching 1,36,921 tonnes. December saw a 46.94% YoY surge, reflecting global demand. However, new crop yields are projected to be 10-15%…
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 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…
