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…
Motivated by dwindling supply in the spot market, turmeric prices spiked by 2.38% during yesterday’s trading session, ultimately finishing at 15666. Sluggish purchasing activity on expectations of stock releases ahead of the new harvest season, however, limited the rise. In the near future, it is anticipated that tighter ending stockpiles and the expectation of a…
Due to a decrease in supplies on the spot market, turmeric prices increased a little on Tuesday, ending at 15302. But sluggish buying as traders wait for stocks to be released before new harvests begin to grow hampered the upside. Notwithstanding this, it is anticipated that tighter ending stocks and postponed new crop harvesting will…
The turmeric market had a minor decrease, ending at 15434, down -0.89%. This was primarily due to a decrease in buying activity as people awaited stock releases before the start of fresh crops. Even yet, the downside was constrained by fewer supplies in the spot market, which were reinforced by postponed new crop harvesting and…
Due mostly to lower supply on the spot market, turmeric had a 1.26% increase, closing at 15382. The advantage is, however, limited because purchasing activity has slowed down in anticipation of stock releases before to the start of fresh crop production. In the near future, it is anticipated that the tighter ending stockpiles and delayed…
The market’s recent performance for turmeric is a result of a combination of demand dynamics, supply-side restrictions, and technical factors that affect price changes. Even if it ended the day 2.4% higher at 15330, the increase is limited by slower buying activity before the release of stocks in preparation for the start of fresh crops….
Yesterday, turmeric prices edged higher by 1.06% to settle at 14898 as inflows eased in the spot market. Although the supply of turmeric has been low in recent times, its demand is expected to increase during the festive season. Another factor that increases costs is better farming conditions due to favorable weather. Also, talks have…
Turmeric saw a -1.56% decrease, closing at 15532, due to profit booking following prior advances that were bolstered by dwindling supply on the spot market. Shorter ending stocks and a delayed new crop harvest are predicted to keep feelings upbeat in the short run. On the other hand, when buying activity slows down ahead of…
