The anticipated fresh entrants from the Marathwada region of Maharashtra are the main reason behind yesterday’s –0.87 % decrease in turmeric prices, which closed at 19,386. Due to below-average supply and strong festive demand, the negative effects were, nevertheless, minimal. Major fresh crop arrivals were reported in several regions, including Nanded, Nizamabad, and Erode, in…
Turmeric prices fell sharply, by -3.76%, to settle at 16112, mostly due to anticipation of fresh entrants from Maharashtra’s Marathwada region. The downside was constrained despite this negative pressure because of below-average supply and strong festive demand. Important marketplaces like Nanded, Nizamabad, and Erode saw a sharp increase in new crop supplies, with arrivals much…
Turmeric prices rose by 0.05% yesterday, finishing at 16544, owing to below-normal supply and strong festive demand, which kept the market positive. Lower production has resulted in much lower arrival rates than the previous year, indicating that supply is currently limited. This scarcity is projected to motivate stockists to take advantage of any price drops,…
Yesterday, the price of turmeric saw a slight decrease of -0.17%, ending at 17514, due to profit bookings after recent price increases. Prices had previously been supported by below-normal supply and strong festive demand, resulting in a bullish trade bias. Arrivals in main APMC markets were much fewer this year than the previous year, clearly…
Due to profit booking, turmeric prices saw a minor decrease of -0.6% yesterday, ending a period of upward bias driven by below-normal supply and strong festive demand. Yesterday’s closing price was 17544. The slower arrival pace than the previous year is indicative of lesser production, which may encourage stockists to purchase turmeric at every price…
The previous session saw a notable spike in turmeric prices of 3.74%, culminating at 19370, due to below-average supplies and strong festive demand. Decreased output has had a noticeable effect, as evidenced by slower arrival rates than the year before. Given that there are already 9050 tonnes of turmeric arriving in key APMC markets in…
As a result of lower supply on the spot market, the price of turmeric increased by 4.03% to settle at 18,086, up. But buying activity has halted ahead of the start of fresh crops, maybe due to stock releases, suggesting that the gain is restricted. In the short run, more optimistic market emotions for turmeric…
Reduced supply in the spot market helped drive up the price of turmeric, which increased by 1.82% to settle at 17386, The buying activity slowed down, though, and there was anticipation that inventories would be released before the start of fresh crops, which curtailed the upside. In the short run, though, positive market sentiment is…
Reduced supply in the spot market helped turmeric post a notable gain, as it closed up 3.11% at 17482. The gain, however, is expected to be constrained because buying activity has slowed and there is anticipation that supplies will be released before new plantings begin. Short-term market sentiment for turmeric is anticipated to remain strong…
The spot market’s diminished supply of turmeric helped drive up prices by 2.94%, settling at 17162. As purchasing activity decreased in advance of stock releases before the new crops, the market saw no increase in value. Positive mood in the market is expected to be sustained in the near term by delayed new crop harvesting…
