Turmeric Drops on Sowing Area Rise Expectations

Turmeric futures fell 1.05% to 13,212 per quintal due to higher acreage expected from monsoon rains this sowing season. Daily arrivals increased to 13,660 quintals, indicating a steady market supply.

However, production may not rise proportionally due to weather risks, particularly in regions like Nanded. Despite this, there is optimism in the Duggirala market due to strong buyer interest for fresh, high-quality stock.

Daily trading remains robust, and turmeric exports increased by 8.37% to 34,162.28 tonnes during April and May 2025, reflecting strong overseas demand.

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