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…
India’s spice exports reached a record $4.72 billion in FY25, up 6% from the previous year, driven by strong global demand for cumin, turmeric, spice oils, and pepper. Despite a price dip, chili remained the top export in terms of volume and value. Turmeric exports surged 51% in value, while pepper and small cardamom also…
Turmeric prices fell marginally by 0.25% to ₹13,778 on weak export orders and a surge in the market. Over 57,500 quintals were brought in, almost three times more than the previous day, which pushed down prices. However, prices may not fall much as concerns remain over lower production and lower supply. About 3.30 lakh hectares,…
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 fell by 0.96% to ₹13,780 as more turmeric entered the markets and fewer export orders. Daily inflows rose to around 57,500 quintals, almost three times higher than 29,860 quintals in the previous session, leading to a fall in prices. Although the area under turmeric has increased by 10% to 3.30 lakh hectares, the…
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 fell by 1.07% due to reduced buying interest due to speculative rally in the last week. Although the area has increased by 10% to 3.30 lakh hectares this season compared to the previous 3 lakh hectares, it is predicted that if the rains do not come on time, it will hamper a significant…
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…
