Turmeric gains as buyers opt to take cover

STRONG demand from overseas buyers and from the internal market has helped keep Indian turmeric values on the firm side recently. In Nizamabad, turmeric arrivals were at 6,000 bags on Tuesday and rates were between Rs5,300 and Rs5,350 a quintal…READ MORE

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Turmeric hits record high in Indian market

PRICES of Indian turmeric powder have jumped by around a quarter in the past few weeks to reach record highs as demand remains strong while supplies have been reduced. Turmeric powder is trading at between $1,325 and $1,375 a tonne fob basis, which is a 25% increase in value from a month ago…READ MORE

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