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European spice dealers try to anticipate turmeric direction

INDIAN spice dealers are expecting a weak trend in turmeric prices in the coming weeks on slack demand but their counterparts in Europe are struggling to gauge the future price direction.

Indian turmeric prices have regularly hit lows in recent months. On October 17, Indian turmeric futures hit a fresh contract low for the second day in a row due to mounting stocks, weak overseas sales and subdued domestic demand...READ MORE

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